country
DE
Government extends PM E-Drive scheme till FY28
[]
Business Line - Home
The Ministry of Heavy Industries (MHI) has extended the PM E-Drive scheme to till FY28.
The EMPS-2024 implemented during April 1, 2024 to 30th September 2024 was subsumed under this Scheme,” the notification said.
PM E-Drive offers support for a maximum 45,79,120 e2Ws, with total funding support from the MHI pegged at ₹2,767 crore.
Total payout under the Scheme shall be limited to the scheme outlay of ₹11,900 crore.
Therefore, the last date for submission of any claim to MHI/ PMA for any scheme component shall be December 31, 2027,” it said.