PM E-DRIVE: Govt Rolls Out Rs 2,000 Crore Subsidy Scheme for EV Charging Stations
New Delhi, In a big push for India’s electric mobility mission, the Ministry of Heavy industries (MHI) has announced operational guidelines under the ₹10,900 crore PM E-DRIVE scheme. The government has earmarked ₹2,000 crore in subsidies to support the setup of public EV charging stations in cities and along highways.⚡ 1. Subsidy of Up to 100%Under the scheme, subsidies of up to 100% will be provided to entities setting up public EV charging stations. This is expected to drastically reduce the upfront cost and encourage private players to enter the sector.🏙️ 2. Focus on Cities & HighwaysThe rollout will prioritize urban areas to meet rising EV adoption as well as highway corridors to support long-distance travel. This dual approach aims to eliminate “range anxiety” among EV users.🛣️ 3. 2,000 Crore Outlay for Charging InfraFrom the total ₹10,900 crore PM E-DRIVE budget, ₹2,000 crore has been specifically allocated for charging infrastructure. The funding will cover hardware, installation, and initial setup to create a robust nationwide network.🚗 4. Boost to EV AdoptionBy expanding charging availability, the government hopes to accelerate India’s EV transition. Easier access to charging points is expected to drive sales of electric cars, two-wheelers, and buses, supporting the country’s green mobility goals.🌍 5. Push Towards Net ZeroThe initiative is part of India’s larger strategy to cut dependence on fossil fuels and achieve net-zero carbon emissions by 2070. A strong charging ecosystem is seen as the backbone of this transition.✅ Bottom LineWith subsidies covering up to 100% of installation costs, the PM E-DRIVE scheme is set to revolutionize India’s EV charging infrastructure. By addressing one of the biggest hurdles—charging availability—the government is paving the way for faster, cleaner, and more sustainable mobility. Disclaimer:The views and opinions expressed in this article are those of the author and do not necessarily reflect the official policy or position of any agency, organization, employer, or company. All information provided is for general informational purposes only. While every effort has been made to ensure accuracy, we make no representations or warranties of any kind, express or implied, about the completeness, reliability, or suitability of the information contained herein. Readers are advised to verify facts and seek professional advice where necessary. Any reliance placed on such information is strictly at the reader’s own risk.