Know expected announcements for farmers and middle class in General Budget 2019

04 Jul 2019 10:13 PM

Know expected announcements for farmers and middle class in General Budget 2019

Updated 04 Jul 2019 10:13 PM

Electric vehicle manufacturing is likely to get a boost from the full Budget 2019-20.

According to highly-placed sources, tax incentives and other sops might be given to the industry for manufacture of EVs in the Budget 2019-20 which will be presented to the Parliament on Friday.

In 2015, the Faster Adoption and Manufacturing of Electric vehicles (FAME) scheme was launched with an outlay of Rs 795 crore.

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