Centre Disburses INR 3,311 Cr Under FAME II

Mobility Outlook Bureau
26 Dec 2022
03:21 PM
1 Min Read

From INR 500 crore in 2019-2020, the budget for FAME II has increased to INR 1128.45 crore in 2022-23


Ev charging
An EV chargi  station in India

The Centre  has disbursed INR 3,311 crore as incentives to end consumers buying electric vehicles under Phase-II of the Faster Adoption and Manufacturing of Electric Vehicles (FAME II India) scheme.

Krishan Pal Gurjar, Union Minister of State for Heavy Industries, provided this information during a recent Rajya Sabha session. All in all, 766,478 EVs have been supported with the incentive.

The Ministry of Heavy Industries has also sanctioned 6,315 e-buses to 65 cities/STUs/CTUs/ State Government entities for intracity and intercity operations across 26 states/UTs under the scheme. It has also sanctioned 2,877 charging stations in 68 cities across 25 states/UTs under FAME II.

From INR 500 crore in 2019-2020, the Centre's budget for FAME II has increased to INR 1128.45 crore in 2022-23.

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