Ministry of Heavy Industries
FUNDS UNDER PM E-DRIVE SCHEME
Posted On:
24 MAR 2026 5:16PM by PIB Delhi
The year-wise details of funds utilised against the allocated outlay under the PM Electric Drive Revolution in Innovative Vehicle Enhancement (PM E-DRIVE) Scheme since its inception on 01.04.2024 is at Annexure-I. The Scheme has been extended up to 31.03.2028. The under utilisation of funds is primarily due to the phased implementation strategy, milestone-based disbursement mechanisms, evolving readiness of certain EV segments. No charging stations have been installed under the scheme so far.
Annexure-I
|
Sl. No.
|
Segment /Component
|
Scheme outlay
(Rs.crore)
|
Actual Expenditure in scheme in FY 24-25
|
Expenditure in FY 25-26
|
Actual Expenditure under Scheme till 19.03.2026
|
|
(A)
|
Demand Incentive
|
|
1
|
e-2W
|
1,772
|
667.39
|
592.52
|
1,259.91
|
|
2
|
e-3W (e-rickshaw & e-carts)
|
50
|
2.93
|
3.77
|
6.7
|
|
3
|
e-3W (L5)
|
857
|
318.35
|
412.30
|
730.65
|
|
4
|
e-ambulances
|
500
|
0
|
0.00
|
0
|
|
5
|
e-trucks
|
500
|
0
|
0.00
|
0
|
|
(B)
|
Grants for creation of capital assets
|
|
6
|
e-buses
|
4,391
|
0
|
0.00
|
0.00
|
|
7
|
EV Public Charging Station
|
2,000
|
0
|
0.00
|
0.00
|
|
8
|
Upgradation of Testing Agencies
|
780
|
0
|
0.00
|
0.00
|
|
(C)
|
Admin Expenses
|
50
|
4.36
|
15.38
|
19.74
|
|
Total (A)+(B)+(C)
|
10,900
|
993.04
|
1,023.96
|
2,017.00
|
This information was given by the Minister of State for Heavy Industries, Shri Bhupathiraju Srinivasa Varma in a written reply in the Lok Sabha.
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