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7.66 lakh EVs benefited under FAME India Scheme Phase-II

Updated: Dec 23, 2022 11:24:55am
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7.66 lakh EVs benefited under FAME India Scheme Phase-II

New Delhi, Dec 23 (KNN) Till December 19, 2022, 66,478 Electric Vehicles (EVs) have been supported under the Phase-II of Faster Adoption and Manufacturing of Electric Vehicles (FAME India) Scheme.

They have been supported by way of Demand Incentive amounting to about Rs 3,311 crore, informed Union MoS for Heavy Industries, Krishan Pal Gurjar in a written reply in Rajya Sabha on Friday.

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Under the scheme, 6315 e-buses have been sanctioned across 26 states and 2877 charging stations in 68 cities across 25 states/UTs.

In the current financial year, the budget allocation is Rs 2903.08 crore and Rs 1128.45 crore fund has been utilised as on November 30, 2022.

Since 2019-20 to 2020-21, the budget allocation and the fund utilisation has been equivalent.

Budget allocation in the past four has shown an increasing trend except 2020-21 due to covid-19 pandemic.  (KNN Bureau)

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