New Auto Policy: FAME II (Faster Adoption and Manufacturing of (Hybrid) & Electric Vehicles)

  • The Union Cabinet has given clearance to the FAME-II scheme, with an eye on promoting electric and hybrid vehicles in the country.
  • The scheme will be implemented over a period of three years with effect from April 1, 2019.
  • It is the expanded version of the present scheme FAME India I (Faster Adoption and Manufacturing of (Hybrid) and Electric Vehicles (FAME) which was launched on April 1, 2015.
  • Through the scheme, it is planned to support 10 lakh electric two-wheelers, five lakh three-wheelers, 55,000 four-wheelers and 7,000 buses.
  • Encouragement for Adoption of Electric & Hybrid Vehicles: The main objective of the scheme is ....
Do You Want to Read More?
Subscribe Now
To get access to detailed content
Buy May 2019 Issue

Already a Member? Login here

Take Annual Subscription and get the following Advantage
The annual members of the Civil Services Chronicle can read the monthly content of the magazine as well as the Chronicle magazine archives.
Readers can study all the material before the last six months of the Civil Services Chronicle monthly issue in the form of Chronicle magazine archives.
Be an Annual Subscriber

Public Policy