INTIEAIndia · PM e-Bus Sewa-Payment Security Mechanism (PSM) SchemePolicyIn force

PM e-Bus Sewa-Payment Security Mechanism (PSM) Scheme

The Indian government, through the Ministry of Heavy Industries, launched the PM e-Bus Sewa-PSM Scheme on October 28, 2024, with a budget of Rs. 3,435.33 crore (USD 412 million). The scheme aims to help roll out over 38,000 electric buses across the

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Country / jurisdiction: India · Year: 2024 · Status: In force · Level: National · Type: Voluntary

The Indian government, through the Ministry of Heavy Industries, launched the PM e-Bus Sewa-PSM Scheme on October 28, 2024, with a budget of Rs. 3,435.33 crore (USD 412 million). The scheme aims to help roll out over 38,000 electric buses across the country.

Official source: https://heavyindustries.gov.in/pm-e-bus-sewa-payment-security-mechanism-psm-scheme

Source

https://www.iea.org/policies/26506

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