(THE GIST OF PIB) FAME India Scheme

(THE GIST OF PIB) FAME India Scheme

[DECEMBER-2021]

FAME India Scheme

  • The Ministry of Heavy Industries has announced that it has supported 520 Charging Stations/ Infrastructure under the phase-I of FAME India Scheme.
  • Further, under phase-II of FAME-India Scheme, Rs. 1000 Cr. is allocated for the development of charging infrastructure.

About the Scheme:

  • The National Electric Mobility Mission Plan (NEMMP) 2020 is a National Mission document providing the vision and the roadmap for the faster adoption of electric vehicles and their manufacturing in the country.
  • As part of the NEMMP 2020, the Department of Heavy Industry (under the Ministry of Heavy Industries and Public Enterprises) formulated a Scheme viz. Faster Adoption and Manufacturing of (Hybrid and) Electric Vehicles in India (FAME India) Scheme in 2015.
  • The objective of the FAME India scheme is to promote manufacturing of electric and hybrid vehicle technology and to ensure sustainable growth of the same.
  • The scheme encourages adoption of Electric and hybrid vehicles by offering upfront incentives on purchase of Electric vehicles and establishing a necessary charging Infrastructure for electric vehicles.
  • The scheme aims at addressing the issue of environmental pollution and fuel security.

Phase-I

  • The Phase-I of this Scheme was initially launched for a period of 2 years, commencing from 1st April 2015, which was subsequently extended up to 31st March 2019.
  • The 1st Phase of FAME India Scheme was implemented through four focus areas namely (i) Demand Creation, (ii) Technology Platform, (iii) Pilot Project and (iv) Charging Infrastructure.

Phase-II

  • Phase-II of FAME India Scheme is being implemented for a period of 3 years w.e.f. 01st April, 2019.
  • This phase focuses on supporting electrification of public and shared transportation and aims to support, through subsidies, approximately 7000 e-Buses, 5 lakh e-3 Wheelers, 55000 e-4 Wheeler Passenger Cars and 10 lakh e-2 Wheelers.
  • In addition, creation of charging infrastructure is also supported for electric vehicles.

Key Objectives:

  • Encourage faster adoption of electric and hybrid vehicles by way of offering upfront Incentive on purchase of Electric vehicles.
  • Establishing necessary charging Infrastructure for electric vehicles.
  • To address the issue of environmental pollution and fuel security.

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Courtesy: PIB