New Delhi, March 12 -- The Department-Related Parliamentary Standing Committee on Industry (Rajya Sabha), chaired by Tiruchi Siva, presented its 332nd Report on the Demands for Grants (2026 27) in Parliament on Wednesday, covering the Ministry of Heavy Industries (MHI) budget and key schemes across the automotive industry, capital goods sector, and central public sector enterprises (CPSEs) and autonomous bodies.
The committee flagged a funding shortfall in the allocation for the MHI and called for stronger measures to accelerate EV adoption, boost domestic manufacturing and improve monitoring of key industry schemes.
It noted that the Budget Estimate (BE) for 2026 27 is Rs 7,939.9 crore, against a projected requirement of Rs 9,484.32 cr...