{"id":11668,"date":"2024-06-14T15:06:30","date_gmt":"2024-06-14T15:06:30","guid":{"rendered":"https:\/\/exam.pscnotes.com\/current-affairs\/?p=11668"},"modified":"2024-06-14T15:06:30","modified_gmt":"2024-06-14T15:06:30","slug":"karnataka-losing-a-serious-share-of-investments-in-electric-vehicle-to-tamil-nadu-government-gives-more-sops","status":"publish","type":"post","link":"https:\/\/exam.pscnotes.com\/current-affairs\/karnataka-losing-a-serious-share-of-investments-in-electric-vehicle-to-tamil-nadu-government-gives-more-sops\/","title":{"rendered":"Karnataka: Losing a serious share of investments in electric vehicle to Tamil Nadu, government gives more sops"},"content":{"rendered":"

Having received a rude shock earlier this year with one of the majorelectric vehicle(EV) investments inOlato neighbouringTamil Nadu, theKarnatakagovernment on Thursday decided to revisit the 2017 EV andEnergystorage policy to provide a more competitive deal to retain promised investments and attract new investors.<\/p>\n

The at its cabinet meeting decided to amend the 2017 policy by providing a substantial amount of sops including a 15 percent reimbursement on value of fixed assets (VFA), production linked subsidy and a training stipend.<\/p>\n

The 2017 policy also spoke of providing a 50 per cent coverage on stipend for in-plant training provided by the EV manufacturers in the state to a maximum of Rs 10,000 per month per trainee for 50 trainees.<\/p>\n","protected":false},"excerpt":{"rendered":"

Having received a rude shock earlier this year with one of the majorelectric vehicle(EV) investments inOlato neighbouringTamil Nadu, theKarnatakagovernment on Thursday decided to revisit the 2017 EV andEnergystorage policy to provide a more competitive deal to retain promised investments and attract new investors. The at its cabinet meeting decided to amend the 2017 policy by … Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1098],"tags":[1247],"class_list":["post-11668","post","type-post","status-publish","format-standard","hentry","category-karnataka","tag-21-05-21"],"yoast_head":"\nKarnataka: Losing a serious share of investments in electric vehicle to Tamil Nadu, government gives more sops - Current Affairs Exam<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/exam.pscnotes.com\/current-affairs\/karnataka-losing-a-serious-share-of-investments-in-electric-vehicle-to-tamil-nadu-government-gives-more-sops\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Karnataka: Losing a serious share of investments in electric vehicle to Tamil Nadu, government gives more sops\" \/>\n<meta property=\"og:description\" content=\"Having received a rude shock earlier this year with one of the majorelectric vehicle(EV) investments inOlato neighbouringTamil Nadu, theKarnatakagovernment on Thursday decided to revisit the 2017 EV andEnergystorage policy to provide a more competitive deal to retain promised investments and attract new investors. 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The at its cabinet meeting decided to amend the 2017 policy by ... 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