Context:
Centre to clear FAME 3 scheme in 1-2 months
FAME India Scheme:
- Part of – National Electric Mobility Mission Plan.
- Objective – Encourage the adoption of electric and hybrid vehicles by offering upfront incentives on purchase.
- Ministry – Ministry of Heavy Industries
- Technologies Covered – Mild Hybrid, Strong Hybrid, Plug-in Hybrid, and Battery Electric Vehicles.
Phase I of the Scheme:
- Duration – 2015 to 2019.
- Budget – ₹895 crore.
- Focus Areas – Technology development, demand creation, pilot projects, and charging infrastructure.
Phase II of the Scheme:
- Duration – 2019 to 2024.
- Budget – ₹10,000 crore.
- Focus –
- Electrification of public and shared transportation.
- Incentives for e-Buses, e-3 Wheelers, e-4 Wheeler Passenger Cars, and e-2 Wheelers.
- Creation of charging infrastructure.
Other Government Initiatives to Promote EV Adoption:
- Electric Mobility Promotion Scheme 2024
- Electric Vehicle (EV) Policy – To attract investments in e-vehicle space by reputed global EV manufacturers
- Vehicle Scrappage Policy – Promotes the phasing out of old and unfit vehicles to reduce pollution.
- Go Electric Campaign – Promotes electric mobility and the use of electric appliances.
- EV30@30 Campaign – A global initiative aiming for 30% of new vehicle sales to be electric by 2030.
Source: The Hindu
Previous Year Question
About three-fourths of world’s cobalt, a metal required for the manufacture of batteries for electric motor vehicles, is produced by
[UPSC Civil Services Exam – 2023 Prelims]
(a)Argentina
(b) Botswana
(d) Democratic Republic of the Congo
(c) Kazakhstan
Answer: (c)
