Auto E-vehicle sector for priority-lending, R&D incentives in Budget Updated : June 17, 2019 05:01 PM IST Among the key demands are priority-lending by PSU banks for purchase of EVs and raising government subsidy to push sales. The other proposal for the Budget is higher subsidy for people buying electric vehicles and incentives to corporates for bulk-buying of green vehicles. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.