Centre Extends E-2W Subsidy Deadline Under Prime Minister E-Drive

02 Apr 2026 CW Team

The central government has extended the deadline for the electric two-wheeler subsidy under the Prime Minister's E-Drive scheme to July 31, 2026. The move will allow buyers additional time to claim support intended to lower the upfront cost of electric two-wheelers and to bring continuity to a policy that aims to accelerate the shift away from fossil-fuel powered personal transport. The extension covers eligible purchases completed on or before the revised deadline.

The E-Drive scheme provides a targeted subsidy to reduce the purchase price of qualifying electric two-wheelers and to encourage manufacturers to scale production. The subsidy mechanism is intended to work with state incentives and industry programmes to improve affordability and market supply. By prolonging the window for claims, the central government expects smoother implementation and clearer signals for original equipment manufacturers and dealers planning production and sales.

Industry participants and market observers anticipate that the extension will sustain consumer demand and provide manufacturers with time to align product portfolios and factory output with evolving policy support. The additional period is likely to help firms manage inventory and to maintain momentum in retail sales that underpin investments in related services and charging infrastructure. The continuity of subsidy support may also bolster investor confidence in the emerging electric mobility ecosystem.

Officials indicated that the extension is part of a broader effort to ensure policy stability while the electric vehicle market matures and state schemes synchronise with central measures. Stakeholders will be able to plan purchases and business strategies with an assured timeline until July 31, 2026, after which the government will reassess scheme parameters based on uptake and market developments.

Infrastructure Urban

06 Jul 2026

ABS Marine Sees CRISIL Credit Rating Upgrade

ABS Marine Services has secured an upgrade to its long term and short term credit ratings from CRISIL, reflecting improved profitability and revenue growth through long term contracts. CRISIL moved the long term rating from BBB+/Stable to A-/Stable and revised the short term rating from A2 to A2+. The action signals strengthened financial metrics and operational resilience. The company benefited from durable client relationships with firms such as ONGC and Schlumberger. The rating decision followed stronger cash flows and an enlarged bank loan facility, which increased from Rs 3,705 million (m..

Project BRAHMANK Marks 16 Years Of Strategic Roads In Arunachal

Project BRAHMANK is marking 16 years of work to establish strategic road and bridge links across Arunachal Pradesh, maintaining and developing 811 kilometres of roads and nearly 86 bridges that range from small culverts to large steel and arch bridges. These transport links are described as critical for ensuring year-round movement of defence personnel, equipment and essential supplies while improving everyday travel for people in remote villages. The project balances national security requirements with regional development by focusing on reliable access in challenging terrain. Notable enginee..

Longleng CSOs Give One Week Ultimatum Over Two-Lane Highway

Civil society organisations (CSOs) in Longleng district have demanded immediate restoration of the deteriorating Changtongya–Longleng two-lane road and sought a detailed status report on the stalled construction within one week. The demand followed a consultative meeting convened under the Phom Peoples' Council (PPC) to discuss welfare and development concerns. PPC president YB Angam Phom said prolonged non-maintenance had caused hardship to commuters and affected transportation, local commerce and the district's development. The meeting urged authorities to undertake immediate restoration a..