Sunday, 15 Nov 2026 Breaking: India prioritises trade and digital ties with ASEAN, backs "freedom of navigation" in South China Sea: Envoy Srinivas Gotru
BREAKING: Apple launches AI platform | Tesla earnings beat estimates | Nvidia stock surges | Bitcoin crosses major resistance
Business

Sajjan Jindal applauds Centre’s EV push for staff cars, says shift can boost energy security

Sajjan Jindal applauds Centre’s EV push for staff cars, says shift can boost energy security

New Delhi [India], November 15 (ANI): JSW Group Chairman and Managing Director Sajjan Jindal welcomed the Centre’s decision to make electric vehicles (EVs) the default choice for replacing central government staff cars, saying India’s shift to electric mobility can strengthen energy security and reduce dependence on imported fossil fuels.
“India’s EV transition is not just about cleaner mobility. It is about strengthening energy security & reducing dependence on imported fossil fuels,” Jindal said in a post on X.
“The government’s move to prioritise EVs in official fleets is a welcome step towards a self-reliant, sustainable India,” he added.
The Department of Expenditure under the Ministry of Finance said in a November 10 office memorandum that central ministries and departments should ordinarily buy EVs when replacing their existing staff cars. “EVs shall be the default and preferred choice for procurement,” the memorandum said.
The revised rules took effect immediately and set the net dealer price ceiling at Rs 20 lakh for electric staff cars and Rs 10 lakh for petrol, diesel and hybrid vehicles. Ministries and departments that find EVs impractical can seek a case-by-case exemption from the Department of Expenditure, with approval from the secretary concerned and concurrence from the financial adviser.
The September 2022 requirement for ministries and departments to hire electric vehicles continues to apply. Requests to hire petrol, diesel or hybrid vehicles also require a justification and case-by-case clearance.
The procurement move comes alongside the Ministry of Heavy Industries’ Rs 11,900 crore PM E-DRIVE scheme. A November 6 government factsheet said the scheme, which runs through March 2028, supports categories including electric two-wheelers, buses and trucks, as well as the rollout of charging infrastructure. (ANI)

Tags

Related News

India’s imports excluding oil, gold and precious stones rise 21%, Dolat Capital finds
Business
India’s imports excluding oil, gold and precious stones rise 21%, Dolat Capital finds

<p>New Delhi [India], November 15 (ANI): India’s merchandise imports excluding petroleum, gold, pearls and precious or s...

US assures India preferential trade access with lower duties than competitor countries: Piyush Goyal
Business
US assures India preferential trade access with lower duties than competitor countries: Piyush Goyal

<p>Cairo [Egypt], November 15 (ANI): The United States has assured India of preferential trade access with lower duties...

SEBI to step up investor awareness, caution public against fraudulent investment schemes at IITF 2026
Business
SEBI to step up investor awareness, caution public against fraudulent investment schemes at IITF 2026

<p>New Delhi [India], November 15 (ANI): The Securities and Exchange Board of India (SEBI) is using the India Internatio...

Air India restores non-stop India-New York flights, cuts travel time by up to five hours
Business
Air India restores non-stop India-New York flights, cuts travel time by up to five hours

<p>New Delhi [India], 15 November (ANI): Air India has restored non-stop flight operations on all four routes connecting...

EaseMyTrip Q2 revenue rises 33.5% to Rs 158 crore; hotels and packages business surges 188.8%
Business
EaseMyTrip Q2 revenue rises 33.5% to Rs 158 crore; hotels and packages business surges 188.8%

<p>New Delhi [India], November 15 (ANI): EaseMyTrip reported a 33.5 per cent year-on-year increase in revenue from opera...

Over 1.32 lakh sign petition to reinstate Jensen Huang as NVIDIA CEO
Business
Over 1.32 lakh sign petition to reinstate Jensen Huang as NVIDIA CEO

<p>New Delhi [India], November 15 (ANI): More than 1.32 lakh people have signed an online petition urging NVIDIA's board...