Driving Into The Future: The Fame India Scheme -

Driving Into The Future: The Fame India Scheme

Introducing the Fame India Scheme, a government initiative aimed at promoting clean mobility solutions across the nation.

The scheme, designed to tackle pollution and reduce dependence on traditional fuel sources, encourages the adoption of electric vehicles (EVs) in India.

By providing incentives and support for EV manufacturers, the scheme seeks to make electric vehicles more accessible and affordable for the masses.

With a focus on sustainability and innovation, the Fame India Scheme aims to transform India’s transportation landscape while addressing environmental concerns.

Through this scheme, the government envisions a future where clean and efficient mobility solutions play a central role in driving economic growth and safeguarding the environment for generations to come.

About The FAME India Scheme

FAME India Scheme, short for Faster Adoption and Manufacturing of Hybrid & Electric Vehicles in India, is a government initiative aimed at promoting the use of electric and hybrid vehicles across the country.

Launched in 2015, the scheme focuses on reducing pollution and dependence on traditional fuel sources by encouraging the adoption of cleaner alternatives. It offers incentives to both manufacturers and buyers of electric vehicles to make them more accessible and affordable.

The scheme also aims to develop the necessary infrastructure, such as charging stations, to support the growing number of electric vehicles on Indian roads.

Overall, FAME India Scheme plays a crucial role in advancing sustainable transportation and combating climate change in the nation.

Phases of Fame India Scheme

Government of India Commence the FAME India Scheme in phases.

FAME India Scheme Phase I

The first phase of the FAME India Scheme began in 2015 and ran until March 2019. It aimed to kickstart the adoption of electric and hybrid vehicles across the country.

During this phase, the government provided incentives to both manufacturers and buyers of electric vehicles to encourage their production and use.

The primary focus was on reducing pollution and decreasing reliance on fossil fuels by promoting cleaner alternatives.

Additionally, efforts were made to build the necessary infrastructure, such as charging stations, to support the growing number of electric vehicles on Indian roads.

Overall, Phase I laid the groundwork for the subsequent phases of the scheme, setting the stage for further advancements in sustainable transportation.

FAME India Scheme Phase II

Phase II of the FAME India Scheme commenced in April 2019 and was initially slated to conclude in March 2022.

However, due to its continued success and the pressing need to further promote electric mobility, the government decided to extend it until March 2024.

This phase has a heightened focus on electrifying public and shared transportation, aiming to significantly increase the number of electric buses, three-wheelers, four-wheelers, and two-wheelers on the roads.

With a substantial budgetary support of Rs. 10,000 crores, Phase II aims to accelerate the transition towards electric vehicles while also bolstering India’s manufacturing capabilities in the electric vehicle sector.

By extending the scheme, the government underscores its commitment to building a cleaner, greener, and more sustainable future for transportation in India.

Objectives of the FAME India 

  • Promote the adoption of electric and hybrid vehicles in India.
  • Reduce pollution and dependence on traditional fuel sources.
  • Support the electrification of public and shared transportation.
  • Provide incentives for the manufacturing and purchase of electric vehicles.
  • Increase the accessibility and affordability of electric vehicles for the masses.
  • Create a sustainable and eco-friendly transportation ecosystem.
  • Stimulate innovation in the electric vehicle industry.
  • Develop the necessary infrastructure for charging electric vehicles nationwide.
  • Drive economic growth and job creation in the electric vehicle sector.
  • Contribute to India’s commitment to combat climate change and reduce greenhouse gas emissions.

Also Read: PM Solar Rooftop Subsidy Scheme

What are the Features of the Fame India Scheme?

The Fame India Scheme operates in two phases: Phase I and Phase II. In the following sections, we’ll look at the features of each phase individually.

Features of Phase I of the Scheme

  • Implementation focused on Demand Creation, Technology Platform, Pilot Project, and Charging Infrastructure.
  • Installation of 427 charging stations to support electric vehicles.
  • Allocation of ₹895 crores for Phase I operations, supporting nearly 2.8 lakh electric vehicles with ₹359 crores.

Features of Phase II of the Scheme

  • Emphasis on electrification of public and shared transportation.
  • Budgetary support of ₹10,000 crores.
  • Incentives for various vehicle categories:
  • Electric Two-wheelers: 10 lakh registered electric two-wheelers eligible for ₹20,000 incentives each.
  • Electric Four-wheelers: 35,000 vehicles with ex-factory price of ₹15 lakhs eligible for ₹1.5 lakh incentive each.
  • Hybrid Four-wheelers: Incentives of ₹13,000 – ₹20,000 for hybrid vehicles with ex-factory price of ₹15 lakhs.
  • e-rickshaws: 5 lakh e-rickshaws eligible for ₹50,000 incentives each.
  • e-buses: Nearly 8000 e-buses with ex-factory price of ₹2 crores eligible for ₹50 lakh incentive each.
  • Plan to establish 2700 charging stations in metros, smart cities, hilly states, and million-plus cities, with a grid layout of 3 km x 3 km.
  • Expansion to cover highways, with charging stations placed on both sides every 25 km.

Benefits of FAME India Scheme

  • The Fame India Scheme brings numerous benefits to the country, primarily focusing on promoting the adoption of electric and hybrid vehicles.
  • By encouraging the use of cleaner alternatives to traditional fuel-powered vehicles, the scheme aims to reduce pollution and improve air quality in urban areas.
  • It also helps in decreasing India’s reliance on fossil fuels, contributing to energy security and sustainability.
  • The scheme stimulates innovation and growth in the electric vehicle industry, creating opportunities for employment and economic development.
  • Through incentives for both manufacturers and buyers, the Fame India Scheme makes electric vehicles more accessible and affordable for the general public.
  • Additionally, the scheme plays a vital role in advancing India’s commitments to combat climate change by reducing greenhouse gas emissions from the transportation sector.
  • Overall, the Fame India Scheme fosters a transition towards greener and more sustainable transportation, benefiting both the environment and the economy.

Conclusion

The Fame India Scheme stands as a pivotal initiative in the nation’s quest for sustainable transportation solutions.

Through its phased approach, the scheme has successfully incentivized the adoption of electric and hybrid vehicles, contributing to a cleaner and greener environment.

By reducing pollution and decreasing dependence on fossil fuels, the scheme not only addresses pressing environmental concerns but also promotes energy security and economic growth.

Furthermore, the Fame India Scheme fosters innovation and job creation in the electric vehicle sector, laying the groundwork for a more robust and resilient automotive industry.

With its continued efforts to expand infrastructure and enhance incentives, the scheme is poised to play a significant role in India’s transition towards a sustainable and eco-friendly transportation industry.

Similar Articles

Leave a Reply


The reCAPTCHA verification period has expired. Please reload the page.

Top