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Cabinet clears ₹3,435 cr PM-eBus Sewa scheme to roll out 38,000 electric buses

The Union Cabinet has given the green light to “PM-eBus Sewa-Payment Security Mechanism (PSM)” scheme. This initiative aims to procure and operate more than 38,000 electric buses for Public Transport Authorities (PTAs) across India, with a total outlay of ₹3,435 crore. The scheme is expected to facilitate the deployment of e-buses from the financial year […]