FAME Scheme
Allocation Doubled under FAME-2 scheme
FAME is the Faster Adoption and Manufacturing of Hybrid and Electric Vehicles. It was launched in 2015 to increase the sale of electric vehicles in the country. The scheme was launched under the National Electric Mobility Mission. During the Union ..
Month: Current Affairs - February, 2023
Category: Government Schemes Current Affairs
Delhi’s first DTC Electric Bus
On January 17, 2022, the Delhi Chief Minister Arvind Kejriwal flagged off the first electric bus of the Delhi Transport Corporation. The E – buses are to run on 27 – km long route. These buses were manufactured by the ..
Month: Current Affairs - January, 2022
Category: Economy & Banking Current Affairs - 2024 • Environment Current Affairs • India Nation & States Current Affairs
FAME scheme extended till 2024
Government has decided to extend adoption of electric vehicles ‘Faster Adoption and Manufacturing of Electric Vehicles in India Phase II (FAME Phase II)’ by 2 years. Highlights Initially FAME scheme was to be implemented for a period of three years ..
Month: Current Affairs - June, 2021
NITI calls for EV purchase subsidy in addition to FAME-II subsidy
NITI Aayog recently said that the Government of India should provide incentives on purchase of electric vehicles over and above existing subsidies being provided under FAME II scheme. Also, it has recommended to provide interest subvention on loan amount taken ..
Month: Current Affairs - April, 2021
EatSmart Cities Challenge and Transport 4 All Challenge
The Ministry of Housing and Urban Affairs recently launched the EatSmart Cities Challenge and Transport 4 All Challenge. The main objective of the EatSmart Cities Challenge is to create an environment of right food practices and habits. The Transport 4 ..
Month: Current Affairs - April, 2021
India’s first Lithium refinery
The first Lithium refinery of India is to be set up in Gujarat. One of the largest power trading and renewable energy company, Manikaran Power Limited is to invest Rs 1000 crores to set up the refinery. About the Refinery ..