Daily Current Affairs April 18 2023

 

CURRENT AFFAIRS : BANKING & FINANCE

Small Industries Development Bank of India Launches Pilot Scheme ‘Mission 50K-EV4ECO’ for Enhanced Financing in Electric Vehicle Space

  • Small Industries Development Bank of India (SIDBI) has launched the pilot financing scheme Called the Mission 50K-EV4ECO for better financing terms in the electric vehicle space (EVS) and strengthening the whole ecosystem.

Aim : 

  • To strengthen the EV ecosystem, including uptake for two, three and four-wheelers through direct and indirect lending.