International Research Journal of Engineering and Technology (IRJET)
e-ISSN: 2395-0056
Volume: 10 Issue: 08 | Aug 2023
p-ISSN: 2395-0072
www.irjet.net
Review on FAME-INDIA Scheme for Electric Vehicles Sabiha M. Sutar1, Madhav B. Kumthekar2 1Student, Dept. of Civil Engineering, Government College of Engineering, Karad, Maharashtra, India
2Second Professor, Dept. of Civil Engineering, Government College of Engineering, Karad, Maharashtra, India
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Abstract – The FAME-India scheme aims to raise the
relinquishment of electric and hybrid vehicles in India, with the uttermost goal of reducing the country's dependence on fossil energies, reducing air pollution, and mitigating the impact of climate alteration. In this review study, we are introducing this scheme including its features and objectives. Also giving idea about the working of this scheme and elaborate phases. Key Words: FAME-India, Electrical vehicles, Electrical charging infrastructure, etc.
The phase II of FAME, was began in April 2019, and it will last till 31st March 2024.
The Financial disbursement of Phase 1 is Rs.10,000 Crore.
The scheme seeks to promote the usage of electric vehicles. This scheme provides financial subsidies to the buyers who purchase electric vehicle.
In this scheme subsidies are provided for Electric 2 Wheelers, Electric 3 Wheelers, Electric 4 Wheelers, Electric Buses, and charging stations.
The main four focus zones of this scheme are-
1.INTRODUCTION The government scheme FAME-India is Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles. This scheme launched in 2011 in India. This scheme is a part of the National Mission on Electric Mobility. The scheme provides incentives to manufacturers and buyers of electric and hybrid vehicles and its goal to raise demand for these vehicles by making them more affordable and accessible. This scheme has extended so many times from its launch date, and its current phase is valid till 2024. Under the scheme, the authority provides incentives to manufacturers of electric and hybrid vehicles to lesser their production expenses and also provides annuities to buyers of these vehicles to make them more affordable.
a.
Technological progress
b.
Demand generation
c.
Pilot projects
d.
Charging infrastructure
1.2 FAME India scheme: Objectives The objectives of the FAME India Scheme are follows –
To accelerate the relinquishment of electric vehicles by lessening the earliest investment.
To promote electric vehicle manufacturers, suppliers, and related providers to produce a more number of electric vehicles in the country.
This central sector scheme was launched during the Union Budget 2015 -16 for the electrification of public transportation.
To lessen the country’s vehicular emigration and reduce the levels of air pollution.
To execute electric charging infrastructure across the country.
This scheme is a part of the National Mission on Electric Mobility(NEMMP) – 2020.
To change 30% of overall transportation to electric vehicles by 2030.
On 1st April 2015 the phase I of FAME India scheme was launched by the Department of Heavy Industry. It was active till 31st March 2019.
1.1 What is the FAME India scheme?
FAME-India is Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles.
The Financial disbursement of Phase 1 was Rs.895 Crore.
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2. PHASES OF SCHEME Phase-I of the scheme was executed by the concerned administrations and concentrated on four key zones: demand creation, technology platform, pilot projects, and charging infrastructure. ISO 9001:2008 Certified Journal
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