December 2016 Current Affairs

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Himachal, Mumbai to have electric buses

Himachal, Mumbai to have electric buses
24 March 2016 Current Affairs: The department of heavy industry has granted in-principle approval to Himachal Road Transport Corporation (HRTC) and Mumbai Metropolitan Region Development Authority (MMRDA) to introduce zero-emission retrofitted electric buses under its flagship scheme FAME India (faster adoption and manufacturing of hybrid & electric vehicles in India).According to sources in the know, HRTC and MMRDA will roll out 25 electric buses each. Under FAME India, the department will fund up to 75 per cent cost of the buses.A senior official in the department said pilot projects worth Rs 100 crore were in–principle approval and Rs 75 crore would be disbursed soon under the scheme.Himachal Pradesh Chief Minister Virbhadra Singh, who also holds the finance portfolio, had mentioned in his Budget speech that Himachal Pradesh would be the first state in India to introduce zero-emission electric buses. The chief minister also announced exemption from token tax, registration charges and value-added tax on all electric vehicles for five years to promote eco-friendly transport services in the state.The flagship scheme was announced in April 2015 with a total capital outlay of Rs 795 crore in the first two financial years starting with the current year. With this, the government hopes to save Rs 60,000 crore annually on the country’s oil import bill by 2020.According to Geete, business interest is on the rise with Rs 15 crore worth of proposals pouring into the ministry every month.Critics, however, say that in the major metros where the scheme has already been launched  Delhi National Capital Region, Greater Mumbai, Kolkata, Chennai, Bengaluru, Hyderabad and Ahmedabad  here is no infrastructure for smooth adoption of such vehicles.  


December 2016 Current affairs

November 2016 Current affairs
30 NOV
NEWS
29 NOV
NEWS
28 NOV
NEWS
26 NOV
NEWS
25 NOV
NEWS
24 NOV
NEWS




October 2016 Current affairs
31 OCT
NEWS
27 OCT
NEWS
26 OCT
NEWS
25 OCT
NEWS
24 OCT
NEWS
22 OCT
NEWS

September 2016 Current affairs
30 SEP
NEWS
29 SEP
NEWS
28 SEP
NEWS
27 SEP
NEWS
26 SEP
NEWS
24 SEP
NEWS

August 2016 Current affairs
31 AUG
NEWS
30 AUG
NEWS
29 AUG
NEWS
27 AUG
NEWS
26 AUG
NEWS
25 AUG
NEWS



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