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Government considers extending FAME II scheme to FY25, Auto News, ET Auto

"Additional funds for FAME II can be sought in a vote on account," said a person aware of the matter. The extension would not require multiple approvals as needed for a fresh scheme and will help maintain momentum in the market in the interim, he added. Next year s budget will be a vote on account as general elections are due in April-May. ....

New Delhi , Faster Adoption , Manufacturing Electric Vehicles , Fame Ii Scheme , Electric Vehicles , Fame Ii , Finance Ministry , Fame Iii ,

The government contemplates the termination of the FAME subsidy for electric two-wheelers

In a recent report by the Times of India (ToI), it has been indicated that the government is unlikely to continue subsidies for electric two-wheelers as the provisions for the same are set to expire i ....

Ministry Of Heavy Industries , Faster Adoption , Electric Vehicles , Heavy Industries , Business News , Overnment News , Fame Ii Scheme , Fame Iii Scheme , Electic Vehicles , Electric Two Wheelers ,

Funds Of Fame Policy: MoHI to Restructure FAME-II Scheme Funding, Proposes 165% Increase in E2W Allocation, ET Auto

FAME-II Scheme: With the restructuring, it is also considering seeking an additional INR 1,500 crore as support from the finance ministry. Fund allotment shall be increased for the two-wheelers and reduced for three wheelers. Similarly, allotment will be slightly higher for four wheelers, but will be less for buses than the present level. ....

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SMEV writes to Nitin Gadkari; seeks unified policy of road tax exemption for EVs

The Society of Manufacturers of Electric Vehicles (SMEV) has requested the Indian government to establish a consistent policy of road tax exemption for electric vehicles (EVs) throughout the country. SMEV believes that a unified policy is crucial to accelerate the adoption of EVs in India. Currently, the patchwork of road tax policies across states is hindering the growth of the EV market. SMEV suggests that a centralised advisory from the government could help eliminate confusion and encourage widespread adoption of EVs. ....

Andhra Pradesh , New Delhi , Uttar Pradesh , Sanjay Kaul , Nitin Gadkari , Ministry Of Heavy Industrie , Society Of Manufacturers Electric Vehicles , Electric Vehicles , Union Road Transport , Highways Minister Nitin Gadkari , Evangelist Sanjay Kaul , Chief Evangelist , Heavy Industrie , Ev Road Tax , India Ev Policy , Fame Ii Scheme ,