Policy & Govt

Over 27k electric vehicles supported till Sep 10 under phase-II of FAME scheme

The government on Tuesday said under the second phase of FAME India Scheme, over 27,000 electric vehicles have been supported till September 10 this year by way of demand incentive amounting to about Rs 95 crore. In a written reply to the Lok Sabha, Heavy Industries and Public Enterprises Minister Prakash Javadekar said further 5,595 electrical buses have been sanctioned to various state/ city transport undertakings under Phase-II of the scheme.

This involves government incentive of around Rs 2,800 crore, he said.

“Under Phase-II of FAME India Scheme, 27,201 electric vehicles have been supported till 10.09.2020 by way of demand incentive amounting to about Rs 95 crore,” the minister said.

Source
ET Energy World
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