- FAME stands for Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles and this scheme is a part of National Electric Mobility Mission (NEMM) which was set by the Ministry of Heavy Industries and Public Enterprises under the central government of India.
- It is launched by the central government of India under the Ministry of Heavy Industries and Public Enterprises.
- The central government has allocated total budget for this scheme is Rs 14000 crore.
Background of FAME India scheme:
- The central government of India has introduced FAME India Scheme on 1st April 2015.
- FAME Scheme mainly focuses on four areas Technology development, Demand Creation, Pilot Projects and Charging Infrastructure.
- The first phase of FAME India scheme is 2 years i.e. 1st April 2015 to 31st March 2018.
- It also covers Hybrid & Electric technologies like Mild Hybrid, Strong Hybrid, and Plug-in Hybrid & Battery Electric Vehicles.
- In the year 2015-16, the central government allocated Rs 75 crore and in the year 2016-2017, Rs 91 crore was allocated.
- The central government has allocated Rs 155 crore for pilot projects, charging infrastructure projects and technological development projects
- From the date of launch, almost 99000 hybrid or electric vehicles (xEVs) have been supported directly by demand incentives.
FAME India Scheme 2
- FAME India scheme 2 is going to expand from the1st April 2018.
- So in the second phase, the aim of central government is to make public transportation system fully electric and to replace all old public transportation vehicles.
- 100% electrification of all the Public Transport System
- To support hybrid or electric vehicles market development and Manufacturing eco-system.
- To promote eco-friendly vehicles
Highlights of fame India Scheme
- FAME India Scheme emphasis on e-vehicles and promote e-mobility.
- It will lessen the level of pollution in India by making public transportation system 100 percent completely electric,
- Under this scheme, all vehicles are entirely electric, worked with a chargeable battery and involve zero emissions.
- The central government will create and expand infrastructure for charging which is necessary for electric vehicles.
- This scheme aims to incentivise all segments of the vehicle that is 2 Wheeler, 3 Wheeler Auto, Passenger 4 Wheeler Vehicle, Light Commercial Vehicles and Buses.
- The intention of the scheme is to give financial and monetary incentives for adoption and market creation of both hybrid and electric technologies vehicles in the country.
- Its mandate is to promote hybrid or electric vehicles market expansion and its production eco-system in a country in order to achieve self-sustenance in a specified period.
Subsidy provided under FAME India Scheme II
- FAME India Scheme will give subsidy for buses of Rs 72 lakh to Rs 1 Crore, for Taxi Rs 1.24 lakh and for Auto Rickshaw Rs. 37,000 to Rs. 61,000.
- The Central government of India is making efforts to lessen the cost of Lithium-Ion Batteries which is used to run the electric vehicles.
List of Selected Cities under FAME India Scheme 2
- Under FAME India Scheme 2, total 11 cities are selected are which are Delhi, Jaipur, Hyderabad, Jammu, Ahmedabad Mumbai Indore, Guwahati, Bengaluru, Lucknow and Kolkata
Multi-Modal Transport System
- The central government of India has launched electricity based multi-modal transport system under the Department of Heavy Industry, Ministry of Heavy Industries and Public Enterprises.
- Multi-Modal Transport System need the financial support of Rs 4054.6 crore from the central government in the first phase and more funds for the better implementation in the second phase.
- The central government aims to convert all the fuel stations to charging stations with primary amenities.
- The steering committee headed by Amitabh Kahnt has made it mandatory that only companies that meet the 50% localisation threshold will be eligible for the incentives that will be available under the Faster Adoption and Manufacturing of Hybrid and Electric Vehicles (FAME-II) scheme.
- The decision has been taken to ensure that the tax payer’s money is not used to subsidise imports and encourage local manufacturing.
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