3 months ago
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In the Union Budget 2026, allocations for India’s electrical mobility (e-mobility) initiatives saw a important dip, marking a departure from the caller years.
Collective allocation for specified schemes declined by implicit 3,700 crores successful the 2025-26 Revised Estimates (RE) compared to the Budgeted Estimates (BE) for the aforesaid year. Similarly, corporate allocations for specified schemes declined by implicit 900 crores successful the 2024-25 existent expenditure compared to the Revised Estimates for the aforesaid year.
Table 1 shows the spending successful Rs. crore for India’s electric mobility schemes for 2025-26 BE and 2025-26 RE.
Table 2 shows the spending successful Rs. crore for India’s electrical mobility schemes for 2024-25 RE and 2024-25 existent expenditure
Programmes nether the umbrella word e-mobility see 3 large schemes with an purpose to marque roadworthy transport much sustainable by replacing fossil fuels and by encouraging the manufacture of electrical vehicles and related components successful India.
Funding for the PM Electric Drive Revolution successful Innovative Vehicle Enhancement (PM E-DRIVE) strategy — a two-year inaugural launched successful September 2024 to bolster EV adoption and charging infrastructure — has seen a crisp contraction. For 2025-26, the allocation was slashed by ₹2,700 crore, dropping from a Budget Estimate (BE) of ₹4,000 crore to a Revised Estimate (RE) of ₹1,300 crore (Table 1).
This follows a inclination of underutilisation successful the erstwhile year. In 2024-25, the scheme’s allocation was revised to ₹1,870.76 crore (RE), yet existent expenditure totaled lone ₹993.05 crore—representing a shortfall of astir ₹877 crore (Table 2).
The PM-eBus Sewa Scheme, with a absorption connected pushing electrical autobus operations, has seen a akin diminution successful funds. For 2025-26, the allocation was slashed by ₹1,010 crore, dropping from a Budget Estimate (BE) of ₹1,310 crore to a Revised Estimate (RE) of ₹300 crore (Table 1).
This follows a inclination of underutilisation successful the erstwhile year. In 2024-25, the scheme’s allocation was revised to ₹500 crore (RE), yet existent expenditure totalled lone ₹477 crore—representing a shortfall of astir ₹23 crore (Table 2).
The Scheme to Promote Manufacturing of Electric Passenger Cars successful India (SMEC), which was started successful 2024 to promote adoption and manufacturing of EVs, has besides recorded akin declines successful allocations.
