Union Budget 2022: 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 stated the federal government would additionally promote the usage of 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ease of doing enterprise, as many as 75,000 compliances have been eradicated and 1,486 union legal guidelines have been repealed.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 2022-23 Stay: Cryptocurrency Earnings to be Taxed, 30% Tax On Earnings From Digital Digital Property, See Highlights of Budget Being Offered by FM Nirmala Sitharaman. Additional, she introduced that 5 present educational establishments for city planning shall be designated as 'Centre for Excellence' with an endowment fund of Rs 250 crore. A very paperless e-bill system can even be launched by the ministries for procurement, Sitharaman acknowledged.