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Niti Aayog led study bats for priority sector lending tag to electric vehicles

Niti Aayog led study bats for priority sector lending tag to electric vehicles

Jan 22, 2022, at 04:22 am

New Delhi/UNI: The NITI Aayog along with Rocky Mountain Institute has sought priority sector lending status for electric two-wheelers, three-wheelers and commercial vehicles in the Reserve Bank of India’s (RBI) priority-sector lending guidelines which can help unlock EV financing market of Rs 40,000 crore by 2025 and achieve COP26 targets.