Interim Budget 2024: What Auto Inc wants

From giving an impetus to electric mobility to EV financing to the extension of the FAME Scheme, here's what Auto Inc. would like to see in the budget.

Autocar Professional BureauBy Autocar Professional Bureau calendar 24 Jan 2024 Views icon7864 Views Share - Share to Facebook Share to Twitter Share to LinkedIn Share to Whatsapp
Interim Budget 2024: What Auto Inc wants

Union Finance Minister Nirmala Sitharaman will present the Interim Budget on 1 February, with the full budget for FY 2024-25 being announced once the new government is formed after the 2024 Lok Sabha elections. 

The primary goal of the 2024 interim budget will be to ensure that the government can meet its expenses during the interim period before the country goes to the polls later in March. 

From giving an impetus to electric mobility to EV financing to the extension of the FAME Scheme, here's what Auto Inc. would like to see in the budget. Overall, the industry is hopeful that the budget will continue its impetus for electric mobility, despite being a Vote-on-Account budget. 

RELATED ARTICLES
Mahindra Group Names Vimal Agarwal as Group Chief Internal Auditor

auther Angitha Suresh calendar07 May 2026

The conglomerate appoints a finance and governance veteran to its top audit role, as incumbent K N Vaidyanathan retires ...

Bajaj Auto Elevates Rakesh Sharma to Joint Managing Director

auther Angitha Suresh calendar07 May 2026

The two-wheeler manufacturer appoints its longest-serving commercial leader to a new role, effective June 2026, pending ...

Abu Dhabi Backs Motherson's Automotive Plant in KEZAD Industrial Zone

auther Angitha Suresh calendar07 May 2026

The Abu Dhabi Investment Office has announced support for a large-scale automotive components facility by Indian auto-pa...