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Govt sanctions Rs 128 crore for FAME scheme

Govt sanctions Rs 128 crore for FAME scheme

Wednesday, March 22, 2017, 4:30 PM

The government released Rs.127.77 crore worth of demand-incentives under the FAME-India scheme to boost sales of electric and hybrid vehicles but is yet to take decision on extension of the scheme as phase I ends on March 31. FAME launched on April 1, 2015, under the National Electric Mobility Mission Plan 2020, with four pillars technology development, demand creation, pilot projects and charging infrastructure.
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