The Ministry has also sanctioned 2,877 charging stations in 68 cities across 25 states/UTs under FAME India (Faster Adoption and Manufacturing of Hybrid & Electric Vehicles in India) Scheme Phase II
Under Phase-II of Faster Adoption and Manufacturing of Electric Vehicles (FAME India) Scheme, 7,66,478 Electric Vehicles have been supported till 19th December, 2022 by way of demand incentive amounting to about Rs. 3,311 crore.
Further, the Ministry of Heavy Industries has sanctioned 6,315 e-buses to 65 cities/STUs/CTUs/ State Government entities for intracity and intercity operations across 26 states/UT under the Scheme.
Budgetary allocation and utilization to implement Phase II of FAME–India Scheme
Financial Year |
Budget Allocation |
Fund Utilization as on 30.11.2022 |
2019-2020 |
Rs. 500 Cr |
Rs. 500 Cr |
2020-2021 |
Rs. 318.36 Cr |
Rs. 318.36 Cr |
2021-2022 |
Rs. 800 Cr |
Rs. 800 Cr |
2022-2023 |
Rs. 2,903.08 Cr |
Rs. 1,128.45 Cr |
The Ministry has also sanctioned 2877 charging stations in 68 cities across 25 states/UTs under FAME India (Faster Adoption and Manufacturing of Hybrid & Electric Vehicles in India) Scheme Phase II.
Subscribe To Our Newsletter & Stay Updated