Logistics has been a high priority area for this government, with continuous investment in multi-modal parks, ports, airports and roads. Also, PM Gatishakti is a flagship program to create a Digital Logistics Stack on lines of UPI. We expect Finance Minister to announce further funding for this program.
Given India’s commitment towards meeting Net Zero targets and to balance massive US subsidies under Inflation Reduction Act– we expect government to announce scheme to keep manufacturing of EV batteries, solar panels etc, in India.
Government announced an ambitious Scrapping Policy for old vehicles- but response has been lukewarm. We expect Finance Minister to announce a larger budget to kick start this program and offer sops to vehicle owners as well as scrapping facility providers.
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