Himachal To Offer 50 Per Cent Subsidy On Electric 30 Per Cent On Diesel Buses
ECONOMY & POLICY

Himachal To Offer 50 Per Cent Subsidy On Electric 30 Per Cent On Diesel Buses

The Himachal Pradesh government will launch the Rajiv Gandhi Swarozgaar Start-up Yojana Phase-IV to create self-employment among unemployed youth while strengthening public transport and promoting environmentally sustainable mobility across the state. The scheme is designed to enable eligible individuals to establish bus operations with reduced financial burden. The chief minister, Sukhvinder Singh Sukhu, described the programme as reflecting the state government's commitment to empowering youth.

Under the scheme, the government will grant a 50 per cent capital subsidy for the purchase of electric buses and a 30 per cent capital subsidy for diesel buses for operations on 1,000 routes. Beneficiaries will also receive a monthly operational incentive of Rs 65,000 for electric buses and Rs 50,000 for diesel buses for a period of five years. Passenger buses with a minimum seating capacity of 32 passengers will be eligible for support.

Applicants must be bonafide residents of Himachal Pradesh, aged between 25 and 50 years, and hold a valid heavy driving licence with at least three years' experience. They are expected to operate the vehicle personally and preference will be given to candidates registered with employment exchanges in the state. The selection process will primarily consider annual family income to prioritise economically weaker applicants.

To ensure efficient and transparent service delivery, all buses will be fitted with global positioning system (GPS)-based vehicle tracking systems and operations will be monitored regularly. Women passengers travelling on buses under the scheme will receive a 50 per cent concession in fare and school students up to Class 12 will be eligible for concessional travel through a special pass system. The authorities will oversee compliance with safety and service standards throughout operations.

Officials said the initiative aims to expand connectivity in rural and urban areas while encouraging cleaner mobility through support for electric vehicles. The scheme is expected to reduce entry barriers for young entrepreneurs and to provide predictable income support during the initial years of operation. Administrative guidelines and application procedures will be published by the state government in due course.

The Himachal Pradesh government will launch the Rajiv Gandhi Swarozgaar Start-up Yojana Phase-IV to create self-employment among unemployed youth while strengthening public transport and promoting environmentally sustainable mobility across the state. The scheme is designed to enable eligible individuals to establish bus operations with reduced financial burden. The chief minister, Sukhvinder Singh Sukhu, described the programme as reflecting the state government's commitment to empowering youth. Under the scheme, the government will grant a 50 per cent capital subsidy for the purchase of electric buses and a 30 per cent capital subsidy for diesel buses for operations on 1,000 routes. Beneficiaries will also receive a monthly operational incentive of Rs 65,000 for electric buses and Rs 50,000 for diesel buses for a period of five years. Passenger buses with a minimum seating capacity of 32 passengers will be eligible for support. Applicants must be bonafide residents of Himachal Pradesh, aged between 25 and 50 years, and hold a valid heavy driving licence with at least three years' experience. They are expected to operate the vehicle personally and preference will be given to candidates registered with employment exchanges in the state. The selection process will primarily consider annual family income to prioritise economically weaker applicants. To ensure efficient and transparent service delivery, all buses will be fitted with global positioning system (GPS)-based vehicle tracking systems and operations will be monitored regularly. Women passengers travelling on buses under the scheme will receive a 50 per cent concession in fare and school students up to Class 12 will be eligible for concessional travel through a special pass system. The authorities will oversee compliance with safety and service standards throughout operations. Officials said the initiative aims to expand connectivity in rural and urban areas while encouraging cleaner mobility through support for electric vehicles. The scheme is expected to reduce entry barriers for young entrepreneurs and to provide predictable income support during the initial years of operation. Administrative guidelines and application procedures will be published by the state government in due course.

Related Stories

Gold Stories

Next Story
Infrastructure Energy

Asian Energy Services Q1 FY27 PAT Rises 129 Per Cent

Asian Energy Services Limited reported a 129 per cent year-on-year rise in net profit to Rs 128 million for Q1 FY27, compared with the corresponding quarter last year.Revenue increased 135 per cent year-on-year to Rs 2.71 billion, supported by continued momentum across its services business, disciplined execution and contributions from domestic and international operations. EBITDA grew 81 per cent year-on-year during the quarter.As of June 30, 2026, the company’s standalone order book stood at Rs 17.54 billion, with around 60 per cent coming from oil and gas services and 40 per cent from min..

Next Story
Infrastructure Urban

BioBTX to Build First Commercial-Scale Circular Chemicals Plant

Dutch circular chemistry technology developer BioBTX is building what it says will be the world’s first commercial-scale plant to convert mixed plastic waste into high-quality aromatic chemicals using its proprietary Integrated Catalytic Cracking Process (ICCP) technology.The facility will be built at Chemical Park Delfzijl on the northern coast of the Netherlands and is expected to create 35 jobs. Covestro, which has been a shareholder and strategic partner of BioBTX since 2024, holds a mid-single-digit million-euro investment in the company.BioBTX’s ICCP technology uses catalytic pyrolys..

Next Story
Real Estate

Awfis Q1 FY27 PAT Jumps 140% as Revenue Rises 27%

Awfis Space Solutions reported a 140 per cent year-on-year rise in consolidated profit after tax (PAT) to Rs 240 million for Q1 FY27, compared with Rs 100 million in the corresponding quarter last year.Revenue from operations increased 27 per cent to Rs 4.25 billion from Rs 3.35 billion, while EBITDA rose 28 per cent to Rs 1.62 billion. EBITDA margin improved to 38.2 per cent from 37.8 per cent. Profit before tax increased 135 per cent to Rs 240 million.The company's co-working business recorded 27 per cent year-on-year growth, supported by demand from enterprises, Global Capability Centres (G..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement