India, April 28 -- The Ministry of Heavy Industries (MHI) is reportedly planning to reduce the processing time for EV subsidy claims from 40 days to just five.

A Business standard report said that to execute such a move, the Centre seeks to streamline verification steps and also address technical bottlenecks.

This comes as part of the government's initiative to clear the backlog and ensure the timely disbursal of EV subsidies under the PM Electric Drive Revolution in Innovative Vehicle Enhancement (PM E-DRIVE) initiative.

There has been a huge backlog in subsidy claims, with 126,000 currently pending for 2024-25. In total, there are 893,000 claims overall, with 109,000 for e-2Ws alone.

Such delays have been attributed to complications...