FAME-India scheme

• The centre is considering the extension of FAME- India scheme to promote electric and hybrid vehicles by another six months.
• The scheme’s phase-I was introduced from April 1, 2015, to March 31, 2017. The phase was subsequently extended by six months till September end.

About FAME India scheme:

• FAME India – Faster Adoption and Manufacturing of Hybrid and Electric vehicles in India – is a part of the National Electric Mobility Mission Plan.
• The scheme has four focus areas, technology development, demand creation, pilot projects and charging infrastructure.
• The scheme envisages Rs 795 crore support in the first two fiscals starting with the current year.
• It is being administered by the Heavy Industries Ministry.

By: Vishal