Overview
- MEPMA facilitated bank loans and allotted electric scooters and autorickshaws across nine urban centers including Visakhapatnam and Vijayawada.
- Of the 1,003 beneficiaries, 760 received electric scooters and 240 electric autorickshaws, with subsidies ranging from Rs 12,300 to Rs 36,000.
- Rapido waived onboarding fees for the first three to four months and provides a Rs 1,000 monthly EMI offset during the first year to ease entry.
- Between May and July, participants completed about 45,000 rides that generated roughly Rs 35 lakh in income, according to government data.
- The government reports 688 driver registrations on Rapido so far, with named beneficiaries citing monthly earnings around Rs 10,000–12,000.