Subject: Economics
Book: Comprehensive Indian Economy - Additional Topics
India promotes electric vehicles (EVs) to cut oil imports and reduce carbon emissions. Schemes like FAME offer subsidies for EV adoption, alongside incentives for battery manufacturing (PLI). Yet obstacles include charging infrastructure, battery costs, and consumer perceptions. For exam context, highlight how domestic manufacturers (two-wheelers, buses) are shifting to EV lines, the interplay with power generation mix, and how battery recycling ties into sustainability goals. Government strategies for building a robust EV supply chain are also significant.
Which term refers to the decrease in the value of a currency relative to foreign currencies?
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View QuestionWhich of the following measures can reduce a trade deficit?
View QuestionWhat is meant by the term “current account deficit”?
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View QuestionWhat is “quantitative easing”?
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