FAME-II Scheme Current Affairs, GK & News

Odisha announces full tax exemption for EVs

November 1, 2021

Government of Odisha announced full exemption of motor vehicles taxes and registration fees on electric vehicles (EVs) in the state. Highlights This decision was taken for encouraging faster adoption of EVs. Exemption was granted under the Odisha Motor Vehicles Taxation Act and is applicable till 2025. State government also proposed to extend some incentives for ..

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5,645 electric buses sanctioned for 65 cities: NITI Aayog

July 30, 2019

According to NITI (National Institution for Transforming India) Aayog an Inter-Ministerial Panel has sanctioned 5645 electric buses for operations in 65 cities and for inter-city operations to 8 state transport undertakings. The announcement in this regard was made by NITI Aayog CEO Amitabh Kant. The move will give huge impetus to automobile sector, clean up ..

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FAME-II Scheme and Energy Needs

May 6, 2019

The government had introduced the FAME II scheme to boost the adoption of electric and hybrid vehicles in the country. The Confederation of Indian Industry (CII) has made the following observations about the scheme: It estimates that India can save 64% of anticipated road-based mobility-related energy demand and 37% of carbon emissions in 2030 by pursuing ..

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Localisation under FAME-II Scheme

April 22, 2019

The Inter-Ministerial Steering Committee of the National Mission for Transformative Mobility led by Niti Aayog chief executive officer Amitabh Kant has decided to incorporate localisation conditions to avail benefits under the FAME-II Scheme. The Inter-Ministerial Committee of the National Mission For Transformative Mobility was formed following a cabinet decision to promote clean and sustainable mobility ..

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