FM Sitharaman proposes battery swapping policy for EV charging stations

She also announced the introduction of modern building by-laws

Lithium
Press Trust of India New Delhi
1 min read Last Updated : Feb 01 2022 | 12:25 PM IST

Finance Minister Nirmala Sitharaman on Tuesday proposed the formulation of a battery swapping policy for EV charging stations.

She also announced the introduction of modern building by-laws.

The minister said the government would also promote the use of public transport in urban areas.

The finance minister added that to promote ease of doing business, as many as 75,000 compliances have been eliminated and 1,486 union laws have been repealed.

Further, she announced that five existing academic institutions for urban planning will be designated as 'Centre for Excellence' with an endowment fund of Rs 250 crore.

A completely paperless e-bill system will also be launched by the ministries for procurement, Sitharaman stated.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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Topics :Nirmala SitharamanBudget SpeechBudget 2022Electric Vehicles

First Published: Feb 01 2022 | 12:25 PM IST

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