Union Budget 2023: Battery Swapping Policy for Electric Vehicle Charging Stations, Says FM Nirmala Sitharaman

New Delhi, February 1: Finance Minister Nirmala Sitharaman on Tuesday proposed the formulation of a battery swapping coverage for EV charging stations. She additionally introduced the introduction of contemporary constructing by-laws.The minister mentioned the federal government would additionally promote using public transport in city areas. The finance minister added that to advertise ease of doing enterprise, as many as 75,000 compliances have been eradicated and 1,486 union legal guidelines have been repealed. Union Budget 2023-23 Live: Cryptocurrency Income to be Taxed, 30% Tax On Income From Virtual Digital Assets, See Highlights of Budget Being Presented by FM Nirmala Sitharaman.Further, she introduced that 5 present tutorial establishments for city planning can be designated as 'Centre for Excellence' with an endowment fund of Rs 250 crore. A totally paperless e-bill system can even be launched by the ministries for procurement, Sitharaman acknowledged.