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  1. Faster Adoption & Manufacturing of Electric Vehicles in India. Government has approved Phase-II of FAME Scheme with an outlay of Rs. 10,000 Crore for a period of 3 years commencing from 1st April 2019.

  2. Jun 25, 2021 · Government has approved Phase-II of FAME Scheme with an outlay of Rs. 10,000 Crore for a period of 3 years commencing from 1st April 2019. Out of total budgetary support, about 86 percent of fund has been allocated for Demand Incentive so as to create demand for xEVs in the country.

  3. Jul 25, 2023 · Faster Adoption and Manufacturing of Hybrid and Electric Vehicles in India (FAME India): The Government notified Phase-II of FAME India Scheme initially for a period of five years commencing from 1st April, 2019 with a total budgetary support of Rs. 10,000 crore.

  4. FAME II has been extended for a further period of 2 years i.e. up to March 31, 2024. For Electric 2 Wheelers, demand incentive has been increased from Rs. 10,000/KWh to Rs 15,000/KWh with maximum cap increased from 20% to 40% of the cost of vehicles.

  5. Jun 25, 2021 · Policy Document. Notification of 8th March 2019 - Scheme for Faster Adoption and Manufacturing of Electric Vehicles in India. Phase II (FAME India Phase II) (512 Kb) S.O. 1472 (E) dated 28th March 2019: Performance & Efficiency Eligibility Criteria for Electric Bus Category Vehicle Model and Hybrid under FAME India Phase (340 Kb)II.

  6. Dec 22, 2021 · FAME India II Scheme was redesigned in June 2021 based on experience particularly during Covid-19 pandemic and feedback from industry and users. The redesigned scheme aims at faster proliferation of Electric Vehicles by lowering the upfront costs.

  7. The Union cabinet chaired by the Prime Minister Shri Narendra Modi has approved the proposal for implementation of scheme titled 'Faster Adoption and Manufacturing of Electric Vehicles in India Phase II (FAME India Phase II)' for promotion of Electric Mobility in the country.