FAME 2 scheme . Context: NITI Aayog & Rocky Mountain Institute (RMI) Release Technical Analysis of FAME II Scheme.

Report looks at potential saving in areas of energy, oil and carbon emissions. Highlights.

It'll fuel FAME 2.0 that will entail subsidy only for electric buses, setting up charging infrastructure. The mother programme of FAME- the National Electric Mobility Mission Plan (NEMMP) 2020 was launched in 2013 to achieve sales of six-seven million units of electric vehicles and thus to realise fossil fuel saving of 2.2 to 2.5 million tonnes.

For Prelims and Mains: FAME- India scheme- features, significance and potential. Approximately 2,18,625 Electric Vehicles were ‘promoted’ by FAME I till July 2018. Importantly, on electric buses, the subsidy range could extend to Rs 60 lakh. Also, FAME-2 is outcome based as it has, unlike the earlier version, set a target for the number of vehicles that will be subsidised. The government hopes that the FAME 2 scheme will bring a major turnaround in the growing EV space in India. Central government is going to launch FAME India Scheme – Phase II for vehicles to make full public transport system electric. Moreover, govt. The phase 2 of FAME will be for electric buses The cabinet is expected to consider it for approval in a fortnight Heavy industry ministry had asked for Rs. A new report says that only five EV manufacturers have successfully complied with the FAME-II subsidy guidelines. Subsequently, all the public transportation vehicles such as buses, taxis and auto rickshaws will become fully electricity based. will lay emphasis on increasing incentives to promote e-mobility. Ather Energy has announced that its flagship scooter, the Ather 450 is FAME 2 compliant and will receive an increased subsidy of ₹ 27,000. Though orders for the scooter have continued in Bengaluru through the month of April, deliveries had been held off by the company so the new subsidy benefit could be passed on to the owners. What to study?

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