Global EV adoption slows as subsidies end, charging network lags
Automakers that set the most ambitious electrification plans had to lower their targets, says Moody's.
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Tata Group to make Assam major player in semiconductors: Ratan Tata
Tata Semiconductor Assembly and Test will set up a semiconductor unit in Morigaon, Assam.
Budget 2024: FY24 MGNREGS Plan 33% Lower Than FY23
Government has kept subsidy at a level lower than FY22
Budget 2024: Subsidy Burden Kept In Check
The government has kept subsidy at lower than FY22 levels
Ather Energy eyes profitability, IPO in 18-24 months
Hero MotorCorp-backed EV maker plans to launch a family scooter next year.
EV lobby proposes ₹3,000 crore rehabilitation fund for OEMs
The total amount of subsidies withheld and still due to various electric two-wheeler OEMs amounted to over ₹1,200 crore, claims SMEV
Debt burden will continue to rise in India: Moody's
Elevated commodity prices will keep spending on food and fuel subsidies high for economies like India, says Moody's Investors Service.
Is PLI helping India's manufacturing?
It may be early to judge, but long years of past subsidies have made little difference; manufacturing's GDP share is stuck at 17-18% for 16 years while employment share has fallen to 10.9% in FY21.
Subsidies spend has fallen: Economic Survey 2018-19
The Survey says that this is an outcome of “the decline in global crude prices, decontrol of prices, and better targeting through direct benefit transfer of subsidies”.
