Saturday, April 27, 2024
Outlook.com
Outlook India
Outlook Business

Fame Ii Scheme

The industry body said the EV segment has been besieged by irritants designed to disturb the momentum of the FAME 2 scheme

In just more than 3 years, the scheme supported more than 7.45 lakh EVs through demand incentives worth Rs 3,200 crore

The government approved Phase II of FAME Scheme with an outlay of Rs 10,000 crore for a period of three years commencing from April 1, 2019. The scheme has been extended till March-end 2024