About the Scheme
- The National Electric Mobility Mission Plan (NEMMP) 2020 is a National Mission document providing the vision and the roadmap for the faster adoption of electric vehicles and their manufacturing in the country.
- As part of the NEMMP 2020, the Department of Heavy Industry (under the Ministry of Heavy Industries & Public Enterprises) formulated a Scheme viz. Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles in India (FAME India) Scheme in 2015.
- The objective of the FAME India scheme is to promote manufacturing of electric and hybrid vehicle technology and to ensure sustainable growth of the same.
- The scheme encourages adoption of Electric and hybrid vehicles by offering upfront incentives on purchase of Electric vehicles and establishing a necessary charging Infrastructure for electric vehicles.
- The scheme aims at addressing the issue of environmental pollution and fuel security.
- The Phase-I of this Scheme was initially launched for a period of 2 years, commencing from 1st April 2015, which was subsequently extended up to 31st March 2019.
- The 1st Phase of FAME India Scheme was implemented through four focus areas namely (i) Demand Creation, (ii) Technology Platform, (iii) Pilot Project and (iv) Charging Infrastructure.
- Phase-II of FAME India Scheme is being implemented for a period of 3 years w.e.f. 01st April, 2019.
- This phase focuses on supporting electrification of public & shared transportation and aims to support, through subsidies, approximately 7000 e-Buses, 5 lakh e-3 Wheelers, 55000 e-4 Wheeler Passenger Cars and 10 lakh e-2 Wheelers.
- In addition, creation of charging infrastructure is also supported for electric vehicles.
- Encourage faster adoption of electric and hybrid vehicles by way of offering upfront Incentive on purchase of Electric vehicles.
- Establishing necessary charging Infrastructure for electric vehicles.
- To address the issue of environmental pollution and fuel security.
Why in News?
- Under Phase-II of FAME India Scheme, 2,31,257 Electric Vehicles have been supported till 01.02.2022 by way of Demand Incentive amounting to about Rs. 827 Cr.