Ministry of Heavy Industries
Subsidy amounting to Rs. 5790 crores given to electric vehicle manufacturers on sale of 13,41,459 number of electric vehicles under phase-II of FAME India Scheme
Posted On:
02 FEB 2024 6:19PM by PIB Delhi
The details of the budgetary allocation and expenditure of funds under Phase-II of Faster Adoption and Manufacturing of (Hybrid) Electric Vehicles (FAME) are as under:
Sl. No.
|
Financial Year
|
Budget Allocation
|
Fund Utilization as on 31.01.2024
|
1
|
2019-2020
|
Rs. 500.00 Crore
|
Rs. 500.00 Crore
|
2
|
2020-2021
|
Rs. 318.36 Crore
|
Rs. 318.36 Crore
|
3
|
2021-2022
|
Rs. 800.00 Crore
|
Rs. 800.00 Crore
|
4
|
2022-2023
|
Rs. 2897.84 Crore
|
Rs. 2402.51 Crore
|
5
|
2023-2024
|
Rs. 5171.97 Crore
|
Rs. 1980.83 Crore
|
The Ministry of Heavy Industries (MHI) sanctioned 2,877 electric vehicle charging stations in 68 cities across 25 States/UTs. Out of these charging stations, 148 Electric Vehicle charging stations are constructed and operational.
Ministry of Heavy Industries has also sanctioned Rs. 800 Cr. as capital subsidy to the three Oil Marketing Companies (OMCs) of the Ministry of Petroleum and Natural Gas (MoPNG) for establishment of 7,432 electric vehicle public charging stations.
Under phase-II of FAME India Scheme, subsidy amounting to Rs. 5790 crores has been given to electric vehicle manufacturers on sale of 13,41,459 number of electric vehicles as on 31.01.2024 (as per details given below for electric vehicles claimed on FAME-II Portal as on 31.01.2024): -
Sl. No.
|
Wheeler Type
|
Total No. of Vehicle
|
1.
|
2 wheeler
|
11,85,829
|
2.
|
3 wheeler
|
1,38,639
|
3.
|
4 wheeler
|
16,991
|
Total
|
13,41,459
|
Further, MHI sanctioned 6,862 electric buses to various cities/STUs/State Govt. entities for intracity operations.Out of 6,862 e-buses, 3487 e-buses have been supplied to STUs as on 29.11.2023.
This information was given by the Minister of State for Heavy Industries, Shri Krishan Pal Gurjar, in a written reply in Rajya Sabha today.
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(Release ID: 2001991)
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