Business
Tata Power EV charging station at Delhi Cantonment (Pic Via PIB Website)
The government has said that over 7.45 lakh electric vehicles (EVs) have been supported by way of demand incentive under the second phase of FAME India scheme.
"Under Phase-II of FAME India Scheme, 7,45,713 Electric Vehicles have been supported till 07.12.2022 by way of Demand Incentive amounting to about Rs. 3,200 crore," Union Minister of Heavy Industries Krishan Pal Gurjar said in a written reply in Lok Sabha on Tuesday (13 December).
Gurjar informed that the ministry has sanctioned "6,315 e-buses to 65 cities/STUs/CTUs/ State govt entities for intracity and intercity operations across 26 states/UT under the scheme".
The Government notified Phase-II of Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles in India (FAME India) scheme for a period of five years commencing from 1 April 2019 with a total budgetary support of Rs 10,000 crore.
The Phase-II of FAME India mainly focuses on supporting electrification of public and shared transportation and aims to support through demand incentive 7090 e-Buses, 5 lakh e-3 Wheelers, 55,000 e-4 Wheeler Passenger Cars and 10 lakh e-2 Wheelers.
Under this scheme, incentives are provided to buyers of electric vehicles in the form of an upfront reduction in the purchase price of electric vehicles.
Support Swarajya's 50 Ground Reports Project & Sponsor A Story
Every general election Swarajya does a 50 ground reports project.
Aimed only at serious readers and those who appreciate the nuances of political undercurrents, the project provides a sense of India's electoral landscape. As you know, these reports are produced after considerable investment of travel, time and effort on the ground.
This time too we've kicked off the project in style and have covered over 30 constituencies already. If you're someone who appreciates such work and have enjoyed our coverage please consider sponsoring a ground report for just Rs 2999 to Rs 19,999 - it goes a long way in helping us produce more quality reportage.
You can also back this project by becoming a subscriber for as little as Rs 999 - so do click on this links and choose a plan that suits you and back us.
Click below to contribute.
Latest