India, April 2 -- The Maharashtra cabinet has approved a proposal to allow bike taxis to operate in the state.

As per NDTV, Maharashtra transport minister Pratap Sarnaik said that only electric bike taxis will be allowed to ply on the roads under the new policy which aims to promote EVs. He added the bike taxi policy will generate 20,000 to 25,000 jobs.

The minister said that the proposal will benefit about 6,000 riders in Mumbai and nearly 10,000 riders in the entirety of the Mumbai Metropolitan Region. He also announced a financial assistance of INR 10,000 for the children of auto and taxi drivers to purchase electric bike taxis.

This comes a couple of months after the Maharashtra transport department reportedly gave its permission t...