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 icon7026 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
Setco Automotive Enters Suspension Segment with Launch of Load Cushion and Torque Rod Bush

auther Sarthak Mahajan calendar23 Jun 2025

The company expands its commercial vehicle product range with new suspension components designed to enhance ride quality...

Tata Harrier.ev Launched at ₹21.49 Lakh, Undercuts M&M XUV 9E by Up to 10%

auther Sarthak Mahajan calendar23 Jun 2025

Bookings for rear-wheel drive variants open on July 2; prices for dual-motor versions to be revealed on June 27; Harrier...

Montra Electric Opens New Three-Wheeler Dealership in Bengaluru in Partnership with Rainland Autocorp

auther Sarthak Mahajan calendar23 Jun 2025

The Murugappa Group-backed Montra Electric expands its presence in Karnataka with a new dealership on Mysore Road, Benga...