Govt allocates Rs.10,000 Crore for Phase-II of FAME India Scheme for promotion of Electric Vehicles

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NewDelhi : In order to promote manufacturing of electric and hybrid vehicle (xEV) technology and to ensure sustainable growth of the same, the Government notified FAME-India Scheme (Phase-I) w.e.f. 1st April 2015 for a period of 2 years with a total outlay of Rs. 795 Crore. The Phase-I of the Scheme was extended from time to time and the last extension was allowed till 31st March 2019 with an increase in the total outlay to Rs. 895 crore.

Based on outcome and experience gained during the Phase-I of FAME India Scheme and after having consultations with all stakeholders including Industry and Industry Associations, Department of Heavy Industry finalized, with the approval of Cabinet, and , notified the Phase-II of FAME India Scheme on 8th March 2019, which is for a period of three years commencing from 1st April 2019 with a total budgetary support of Rs. 10,000 crore. This phase will mainly focus on supporting electrification of public & shared transportation, and aims to support through subsidies 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 will be supported in selected cities and along major highways to address range anxiety among users of electric vehicles. This Phase of FAME Scheme envisages support for setting up of adequate public charging infrastructure to instill confidence among EV users, through active participation and involvement of various stakeholders including Government agencies, industries and Public Sector Enterprises (PSEs). A budget provision of Rs. 1000 Crore for a period of 3 years [2019-20 to 2021-22] has been earmarked for establishment of charging infrastructure under this Phase of FAME Scheme.

Further, Energy Efficiency Services Limited (EESL) under the Ministry of Power has informed that they have installed 209 AC Chargers (Slow) and 132 DC Chargers (Fast) all over India. (with PIB inputs)

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