The PM E-DRIVE Scheme has been implemented on pan India basis and no state-wise allocation has been done under the scheme

India, July 28 -- The Government of India has issued a release:

Rs. crore

Fund Allocated

Actual Expenditure

Claims pending for Disbursement

FY 2025-26

1,300

1,160.32

-

FY 2026-27

1,500

169.06

139.43

(under processing)

(as on 22.07.2026)

(a): The PM E-DRIVE Scheme has been implemented on pan India basis and no state-wise allocation has been done under the scheme. The incentives are provided to eligible electric vehicle buyers in the form of an upfront reduction in the purchase price, which is subsequently reimbursed to the Original Equipment Manufacturers (OEMs) by the Ministry of Heavy Industries (MHI). In view of the same, the details of total funds allocated versus utilized under PM E-DRIVE for FY 2025-26 and FY 2026-...