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Economy News, Latest Economic News Today | The HinduBusinessLine

GE, HAL clinch tech deal on joint jet engine plan India rejects USTR allegations, seeks termination of Section 301 probe Indian automobile sales record highest-ever sales in FY26, first time after FY19: SIAM Madhya Pradesh CM says basmati rice from the State is exported to 47 nations 63 Moons’ cybersecurity arm pilots GPS-spoofing solution at Indian airports Highways ministry notifies amendment to streamline fee for overloaded vehicles on NHs Global aviation crisis deepens as fuel shortage, Iran conflict hit airlines TRI launches agri-voltaic project to help farmers earn double income Hotel industry to hit $31 billion in 2029; listed hotel firms set to add 70k rooms by 2030: CBRE Temperatures may trend up over North-West, Central India until weekend Reduction in airport tariff credit neutral, minimal impact on revenue: Ind-Ra Global coffee prices rise as fertiliser costs and West Asia tensions threaten supply Bluspring Enterprises to acquire LSG Sky Chefs India, enters aviation catering sector China says policy to improve relations with India remains unchanged amid Arunachal naming row Research firms divided over impact of below normal monsoon on food inflation Unnat Krishi Mahotsav concludes, farmers to emerge as energy, fuel & hydrogen providers, says Gadkari Airlines may get ₹5,000 crore credit support under proposed ECLGS variant How kashmir’s breakthrough is making Gucchi mushroom farming possible Centre not taking away State’s power on bonus for agri produces, says FM Sitharaman Carriers cut flights on cost pressures, uncertain demand GE Aerospace scales AI from pilots to production; India anchors global capability West Asia crisis may push India’s current account deficit to 2% of GDP: Crisil Tax Dept to resume Tiger Global reassessment, says GAAR relief won’t alter SC ruling Ceasefire talks fail to restore vessel movement in Strait of Hormuz, fate of 599 ships remain inconclusive DMRC launches mid-life refurbishment of Blue Line trains to enhance safety and passenger experience Retail inflation likely rose 3.5-4% in March India-UK free trade pact may come into force from second week of May: Official 'West Asia war a good opportunity for energy reforms, lower costs for industry' India’s marine exports surge to ₹62,408 crore in 2024-25, Govt sets ₹1 lakh crore target PM Modi to inaugurate Dehradun-Delhi Expressway on April 14
Rajasthan flags off 876 electric buses under PM e-Bus Sew...
Amit Vijay Mohile · 2026-06-20 · via Economy News, Latest Economic News Today | The HinduBusinessLine
Rajasthan Chief Minister Bhajan Lal Sharma flags off 876 electric buses under the PM e-Bus Sewa scheme, marking a major step in the state’s push for cleaner and expanded urban public transport.

Rajasthan Chief Minister Bhajan Lal Sharma flags off 876 electric buses under the PM e-Bus Sewa scheme, marking a major step in the state’s push for cleaner and expanded urban public transport.

Rajasthan on Saturday took a major step towards rebuilding its public transport network, with Chief Minister Bhajan Lal Sharma flagging off 876 electric buses across eight cities under the PM e-Bus Sewa scheme. which are expected to be fully put into service by this Diwali

The buses, supplied by EKA Mobility and operated by Chartered Speed, form the bulk of Rajasthan’s sanctioned allocation of 1,150 electric buses and will be deployed across Jaipur, Jodhpur, Kota, Udaipur, Ajmer, Alwar, Bikaner and Bhilwara.

The state, as part of its future pipeline plans, aims to add another 555 urban e-buses, bringing the total to 1,150 under the central PM-eBus Sewa scheme, with additional plans for 50 tourism-focused double-decker e-buses in the top industry source, informed businessline.

A transport system under pressure

The rollout comes as public transport capacity has struggled to keep pace with urban growth. Jaipur offers perhaps the clearest example. The city once operated around 400 low-floor buses, but today has only about 200 buses in service. With many buses likely to reach the end of their lives this year, the new electric buses are expected to give commuters in Jaipur and other states a boost.

Autos and e-rickshaws fill the gap

As organised bus services failed to expand with demand, alternative modes stepped in. Rajasthan has an estimated 100,000 auto-rickshaws and an equally large fleet of e-rickshaws, and another 50,000 taxis and bike taxis operating across the city, according to local transport analysts.

The growth of these services has helped meet mobility demand and supported the gig economy, but it has also highlighted the lack of a sufficiently large and reliable mass-transit network.

Against this backdrop, Rajasthan’s electric bus programme is being viewed as an effort not only to electrify fleets but also to restore bus-based public transport capacity. The state currently has an electric bus penetration rate of around 0.5%, among the lowest for major states.

Building the ecosystem

The programme is backed by investments in charging and maintenance infrastructure, with Rajasthan developing nine dedicated e-bus depots to support operations. The initiative is aligned with the Rajasthan Electric Vehicle Policy 2022, which envisages a phased shift towards cleaner mobility and public transport.

“This rollout is about more than deploying electric buses, it is about strengthening public transport networks and providing commuters with a viable alternative to fragmented mobility options,” said Sanyam Gandhi, Whole-time Director of Chartered Speed.

First phase of a larger transition

The 876 buses flagged off on Friday include both nine-metre and 12-metre models, allowing operators to cater to different route requirements and passenger volumes.

The deployment accounts for more than three-fourths of Rajasthan’s sanctioned allocation of 1,150 electric buses, with the remaining buses expected to be inducted in future phases.

“This deployment demonstrates Rajasthan’s commitment to building a modern public transport network. Electric buses can play a critical role in improving urban mobility while delivering a cleaner and more comfortable commuting experience,” said Dr Sudhir Mehta, Founder and Chairman of EKA Mobility.

Published on June 20, 2026