Union Minister Prakash Javdekar (Union Minister Prakash Javdekar) at a press conference on Wednesday gave detailed information about the important decision taken in the cabinet meeting chaired by Prime Minister Narendra Modi. He said, 'Today a meeting was held under the chairmanship of the Prime Minister and so far a decision has been taken regarding production of battery storage imported from outside the country itself. He said, 'Today, the decision taken on battery storage is a scenario of' self-reliant India 'and' Make in India is also an invention '. " The Union Minister described it as 'Win-Win Formula' for the country.
These advantages will be achieved by manufacturing battery storage in the country
The Union Minister also mentioned the benefits of battery storage being built in the country. Javadekar said, 'To increase battery storage, we import 20 thousand batteries of storage from outside, but now it will be produced in the country under PLI (Production linked Incentives). "The Union Minister further said," Going forward, the import of fuel on a large scale will also be reduced. An investment of 45 thousand crores will come into the country. The electrical vehicle scheme will also benefit from this scheme. When we use battery storage, coal will be saved. He told that India spends 20 thousand crores on the import of batteries. But its production in the country itself will give an impetus to electric vehicles. The Union Minister said, 'The companies producing this battery storage will get an incentive of Rs 18 thousand crores. This amount will be given to the companies under the PLI scheme in 5 years.
Used in electric vehicles
Energy from advanced chemistry cells is stored in chemical form. It is used in electric cars. Right now, India imports it on a large scale. The government wants to reduce its imports and increase its production domestically. Explain that the PLI scheme has been introduced to promote products in the country itself. Through this, companies are also given financial assistance in addition to special discounts on setting up their manufacturing units and imports in the country.
Rahul Gandhi Defamation Case: Rahul Gandhi gets bail in 2018 defamation case, Congress leader leaves Sultanpur court
Former Congress national president and MP Rahul Gandhi has got bail in the defamation case. MP Rahul Gandhi appeared in the court on Tuesday in the ongoing case here on charges of making indecent
Taliban move like Pak-China: Taliban entered Indian embassy in Kandahar and Herat by breaking the lock, searched offices
As soon as the Taliban took power in Afghanistan, the Taliban have also started doing maneuvers. It is doing the same trick with India that China and Pakistan have been doing. Quoting media reports,
The first case of the HMPV virus, which is spreading rapidly in China, was found in India; an 8-month-old child was infected
After Corona in China, now HMPV Virus is creating panic. The virus is spreading rapidly, due to which many countries are on alert mode. Now the first case of this virus has been found in India as
China-Pak got chili from US Red List, know why it was soft towards India
These days America's Red List is in a lot of headlines. It is being said that America has given a new direction to its strategic and strategic relationship on the pretext of countries that violate
The economic crisis in Sri Lanka: Parliament session will start from today, claims the opposition ready for no-confidence motion - we have the necessary numbers
Parliament will start on Tuesday i.e. today in Sri Lanka, which is facing the biggest economic crisis since independence. Sri Lanka's largest opposition party Samagi Jana Balvegaya (SJB) may move a
GT vs MI: Guru Nehra ji! Hardik Pandya said something unique about his and Ashish Nehra's thinking
In the 35th match of IPL 2023, Gujarat Titans defeated Mumbai Indians by 55 runs. The match was played at the Narendra Modi Stadium in Ahmedabad. In this match, Mumbai won the toss and decided to bowl
One Nation One Election: 'One country-one election campaign is a means to postpone elections in five states, big claim of lawyer Prashant Bhushan
Well-known Supreme Court lawyer Prashant Bhushan has given a big statement regarding one country, one election. He has alleged that the Central Government is campaigning on this issue because it wants
Waqf properties will be registered, The Central Government launched the Umeed Portal; Know its benefits
While the issue of seeking an interim stay on the Waqf Amendment Act 2025 is pending in the Supreme Court, the government has taken steps forward under this law. The Central Government launched the
UP Elections: Will the equation change due to Ram Mandir and Owaisi in Bundelkhand?
The agitation for the assembly elections in Uttar Pradesh has started. All the political parties are busy deploying their pawns. Somewhere there is talk of an alliance, somewhere about electoral
Antilia Case: Crime Branch demands custody of Sachin Waje and PI Sunil Mane, know the whole matter
Crime Branch Seeks Custody of Sachin Waze: The Crime Branch of Mumbai Police has demanded the custody of Sachin Waze, arrested in the Antilia case and Mansukh deer murder case. Along with this, the
