(ET)
i: Niti Aayog, the government’s think-tank, is firming up a plan to help state governments and local bodies all over the country to buy buses worth Rs 11,000 crore in a bid to improve public transport and revive demand for commercial vehicles. “Niti Aayog has prepared a plan for introduction of about 25,000 buses for urban users. These buses would be run on diesel,” a government official told ET.
These buses will be largely internal combustion engine-based ones, helping the industry shed its inventory, separate from the plan already in place to encourage a switchover to electric buses. Asimilar plan was implemented by the previous United Progressive Alliance government to help states purchase buses under the Jawahar Lal Nehru National Urban Renewable Mission after the 2008 financial crisis to boost the economy.
