Ministry of Heavy Industries
Subsidy for Vehicles Under Fame India Scheme
Posted On:
29 MAR 2017 3:00PM by PIB Delhi
The details of the demand incentives along with vehicle types and total vehicles supported under FAME India Scheme by the Government with effect from 1st April, 2015 to 28th February, 2017 is tabulated below:
Vehicles Type
|
Total Vehicles
supported
|
Total Amount of incentives
(Committed +released)
(in Rs.)
|
Low Speed 2 Wheeler with Conventional
Battery
|
33496
|
25,12,20,000
|
High Speed 2 Wheeler with Conventional
Battery
|
1386
|
1,30,28,400
|
Mild Hybrid 4 Wheeler
|
73633
|
95,72,29,000
|
Low Speed 2 wheeler with Advanced Battery
|
193
|
32,81,000
|
Strong Hybrid 4 Wheeler
|
1949
|
13,64,30,000
|
Full Electric Car
|
1230
|
15,25,20,000
|
Full Electric LCV
|
10
|
18,70,000
|
Total Vehicles supported
|
111897
|
|
Total Amount of Claim Received
|
|
151,55,78,400
|
Total Amount Released as on 28/02/2017
|
|
127,77,38,200
|
Under FAME India Scheme, the demand incentive amount, has been determined for Electric / Hybrid Vehicles (xEVs) taking into account the principle of Total cost of ownership (TCO), Payback period on account of saving, cost of maintenance etc. Further the demand incentives has been categorised in two slabs – Level 1 and Level 2, so as to promote the development of technologies and vehicles with higher fuel savings potential.
The details of demand incentives for various Vehicle categories is available at Annexure 13 of the FAME India Scheme of the Government are available at DHI Site-dhi.nic.in.
This information was given by Minister of State in the Ministry of Heavy Industries and Public Enterprises Shri Babul Supriyo in reply to a written question in the Rajya Sabha today.
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ST/IA
(Release ID: 1485965)
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