Union Government on 1 April 2015 launched Faster Adoption and Manufacturing of Hybrid and Electric vehicles (FAME) – India Scheme. The scheme was launched as part of the National Mission for Electric Mobility to boost eco-friendly vehicles sales in the country. Facts about FAME India scheme Objective- to support the hybrid or electric vehicles market development and its manufacturing eco-system in the country in order to achieve self-sustenance in stipulated period. The overall scheme is proposed to be implemented over a period next 6 years i.e. till 2020. It envisages providing Rs 795 crore support till 2020 for the manufacturing and sale of electric and hybrid vehicles. It also seeks to provide demand incentives to electric and hybrid vehicles from two-wheeler to buses. Implementation- It will be implemented in phases. The Phase-1 will be implemented over a two year period in FY15-16 and FY16-17. Based on the outcome and experience from the Phase-1, it will be reviewed for implementation after 31 March 2017. Then appropriate fund will be allocated for future. Four focus areas of scheme- Technology development, Pilot Projects, Demand Creation and Charging Infrastructure. In the first two years Rs 260 crore and Rs 535 crore will be spent on the focus areas.
Read,Write & Revise.Minimum reading & maximum learning
Subscribe to:
Post Comments (Atom)
Featured post
UKPCS2012 FINAL RESULT SAMVEG IAS DEHRADUN
Heartfelt congratulations to all my dear student .this was outstanding performance .this was possible due to ...
-
Dear Aspirants We have been saying that it will be more logical that if UPSC ask two essay than one and discussed with students ...
-
Mysuru topped the rankings of India’s 10 cleanest cities released by the government on Monday. Chandigarh, Tiruchirappalli in Tamil Nadu...
-
The 2014 Human Development Report (HDR) draws attention to the urgent need to address human vulnerabilities and build resilience as condit...
-
The Government is working towards eliminating measles by 2020 along with other South East Asian Regional countries of World Health ...
-
Building on India’s family planning success Empowering women to make reproductive choices is the best way to address fertility, and its as...
-
There’s nothing new about rural distress. Nor is it surprising. If the income of almost 70% of farm households is less than their consumpt...
-
A look at how businesses have traversed the path between start-up and the stock market over the past few decades clearly indicates a tran...
-
Are environmental clearances holding up industrial and infrastructure investment in India? India's manufacturing sector has struggled...
No comments:
Post a Comment