Govt unveils ₹500-cr scheme for EVs ahead of FAME expiry
The new scheme will run for four months from April 1, 2024 to July 31, 2024
fame scheme
March 2024
February 2024
May 2023
Budget 2024: FAME scheme outlay slashed by 48% to ₹2,671 crore
While the government announced ₹5,172 crore outlay for the FAME scheme last year, it has been revised to ₹4,807 crore for the current fiscal.
Electric 2-wheeler subsidy cut under FAME-II scheme
Incentive on electric 2-wheelers cut to ₹10,000 per kWh from existing ₹15,000 per kWh; set to make EVs costly
