FAME India Scheme Current Affairs - 2019

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Govt sanctions over 5,000 electric buses under Fame Phase-II

Centre Government has sanctioned 5595 electric buses in 64 cities for intracity and intercity operations under Phase-II of Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles (FAME-India) Scheme. As per Union Ministry of Heavy Industries and Public Enterprises, this move would give a further push to clean mobility in public transportation. Key Highlights Process Read More…

Month:  Categories: Government Schemes & Projects

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Government extends Phase-1 of FAME-India scheme by 6 months

Ministry of Heavy Industries and Public Enterprises has extended Phase-1 of FAME India Scheme to provide financial support to electric and hybrid vehicles by another six months till 30 September 2018 or till launch of phase-II. FAME India Scheme stands for Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles. The subsidy amount is yet Read More…

Month:  Categories: Governance & PoliticsGovernment Schemes & Projects

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Karnataka receives approval for purchase of electric vehicles under FAME India scheme

The Department of Heavy Industries (DHI) of Union Government has given its approval to Karnataka government for purchase of electric vehicles (EVs) under FAME India subsidised scheme. The state will purchase 40 electric buses, 100 four wheelers and 500 three wheelers at maximum of 60% subsidy under the scheme. The subsidy support is also provided Read More…

Month:  Categories: Government Schemes & Projects

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Government nod must for electric bus supply under FAME India Scheme

Government has made mandatory for Original equipment manufacturers (OEMs) to seek approval from Department of Heavy Industry (DHI) before accepting any proposal to supply electric buses for availing incentives under the FAME India scheme. The move is aimed at facilitating smooth roll out and management of demand incentives for e-buses under FAME. After DHI gives Read More…

Month:  Categories: Science & Technology

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Government extends FAME India Scheme by six-month

The Ministry of Heavy Industries and Public Enterprises has extended the Faster Adoption and Manufacturing of Hybrid and Electric Vehicles (FAME)-India scheme by six months to promote electric and hybrid vehicles. The Phase 1 of the scheme was effective from April 2015, to March 2017, but had received six-month extension till end-September 2017. Now it Read More…

Month:  Categories: Government Schemes & Projects

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Government withdraws subsidy to mild hybrid vehicles under FAME scheme

The Union Ministry of Heavy Industries and Public Enterprises has withdrawn subsidy given to mild hybrid vehicles under FAME India (Faster Adoption and Manufacturing of Hybrid and Electric vehicles in India) scheme.  Earlier, mild hybrid, strong hybrid, plug-in hybrid and pure electric vehicles were given incentives under the FAME India scheme. What is mild hybrid Read More…

Month:  Categories: Business, Economy & Banking

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Ashok Leyland rolls out first India-made electric bus

Conglomerate Hinduja Group’s flagship company Ashok Leyland has unveiled country’s first 100 per cent indigenously made electric bus which are non-polluting and have zero-emissions. These buses were unveiled in lines with National Electric Mobility Plan which aims at a 20% penetration of electric/hybrid (eco-friendly) vehicles by 2020. They enjoy a subsidy under the Central government’s Read More…

Month:  Categories: Science & Technology

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