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11 March, 2021
5 Min Read
NITI Aayog and Rocky Mountain Institute(RMI) India jointly releases a new report titled ‘Mobilising Electric Vehicle Financing in India’.
Aim:
What does the report say about Electric Vehicle Financing?
According to the report, the transition to Electric Vehicles(EVs) will require a capital investment of over Rs 19 lakh crore .
This has to be spent on electric vehicles, charging infrastructure, and batteries over the next decade.
Suggestions: The report has provided several solutions that financial institutions can adopt in catalysing Electric Vehicle financing.
Source: TH
06 Feb, 24
Recently, Prime Minister announced Pradhan Mantri Suryodaya Yojana under which 1 crore households will get rooftop solar power systems. India’s Status of Current Solar Capacity India currently stands at 4th place globally in solar power capacity. As per Ministry of New an
06 Feb, 24
The Foreign Contribution Regulation Act, 2010 (FCRA) registration of two prominent non-governmental organisations (NGOs) — Centre for Policy Research (CPR) and World Vision India (WVI) have been cancelled this month. What is FCRA? Key provisions of FCRA, 2010 Key aspects Description
06 Feb, 24
Voice clone fraud has been on the rise in India. AI voice cloning – It is the process of creating a synthetic replica of a person’s voice through machine learning and speech synthesis technology.It is called as voice deepfakesor audio deepfakes. Objective – To achieve a high level of na
06 Feb, 24
Steps taken by India to promote Science Communication Publications and Information Directorate (PID) - An organisation under Council of Science and Industrial Research (CSIR) established in 1951 for publishing and disseminating scientific information in India. National science magazines- The PI
05 Feb, 24
Universal Basic Income (UBI) can strengthen welfare architecture and unlock the nation’s latent demographic potential. UBI - It is an income support mechanism typically intended to reach all or a very large portion of the population regardless of their earnings or employment status. Objective- To provide enough to co
06 Feb,2024
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