The aim is to encourage the deployment of 50,000 electric buses over a decade

Jun 27, 2026

10:43 am

What's the storyThe Indian government is working on a major incentive scheme, possibly worth ₹12,000 crore, to promote the adoption of electric buses by private fleet operators, as per ET.

The proposed plan could include interest subvention, partial credit guarantees, and capital subsidies.