FinMin considering proposals to include EVs under priority sector lending
The finance ministry is considering the proposal for including the electric vehicles infrastructure under the priority sector lending category, a senior government official said on Saturday.
The move will promote and accelerate the penetration of EVs in the country and attract investments in the sector.
“We have received a representation from power ministry to include electric vehicles infrastructure in priority sector lending. We will look at reworking the priority sector lending requirements for banks,” he added.
