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FICCI seeks extension of FAME II, sops for adoption of over 30 mn EVs in 5 yrs

The Business Guardian

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December 06, 2023

Tith the time period for the current FAME II scheme nearing completion in March 2024, industry has called for the continuation of the scheme for the next five years for enabling upfront near price-parity for EVS vis a vis ICE vehicle, and to help increase the adoption of EVs over the next few with a review at the end of three years.

- NIVEDITA MUKHERJEE

FICCI seeks extension of FAME II, sops for adoption of over 30 mn EVs in 5 yrs

In a proposal submitted to the Ministry of Heavy Industries, FICCI draws attention to the risk of a sudden withdrawal or discontinuation With of upfront price incentives which will lead to up to 25 per cent price increase of EVs. The Government has approved Phase-II of FAME (Faster Adoption & Manufacturing of Electric Vehicles ) with an outlay of Rs 10,000 crore for a period of 3 years commencing from 1 April 2019.

WEITERE GESCHICHTEN VON The Business Guardian

The Business Guardian

The Business Guardian

Telangana aims to shift from chip design to Manufacturing

Telanganais looking to play a bigger role in India>s semiconductor journey, with the state government emphasising its focus on moving from chip design talent to actual manufacturing, said Sridhar Babu Duddilla, Minister of IT of Telangana.

time to read

1 mins

September 29, 2025

The Business Guardian

The Business Guardian

Delhi: Technical Session showcases innovations in India's fisheries sector

The Department of Fisheries (DoF) under the Ministry of Fisheries, Animal Husbandry and Dairying (MoFAHD) organised a technical session here on the sidelines of World Food India 2025, as per a government release.

time to read

2 mins

September 29, 2025

The Business Guardian

Delhi's CR Park transforms into vibrant ‘Mini Bengal'

With the Durga Puja festivities in full swing, the lanes of Delhi's Chittaranjan Park have started glowing with the warm scent of fried fish, 'phuchka' stalls, egg and chicken rolls, and, of course, the sweets.

time to read

1 min

September 29, 2025

The Business Guardian

The Business Guardian

SWACHH SHEHAR JODI: MOHUA LAUNCHES MENTORSHIP FOR 300 CITIES

The Housing and Urban Affairs Ministry launched the Swachh Shehar Jodi initiative to link mentor and mentee cities for better urban sanitation.

time to read

2 mins

September 29, 2025

The Business Guardian

The Business Guardian

CARE Ratings reaffirms Aavas Financiers’ Rating, outlook upgraded to positive

Aavas Financiers Limited, one of India’s leading affordable housing finance companies, announced that CARE Ratings Limited has reaffirmed its credit ratings while revising the outlook from ‘Stable’ to ‘Positive’.

time to read

1 min

September 29, 2025

The Business Guardian

The Business Guardian

Dharamshila Narayana Hospital’s Cardiac Experts Dispel Myths About “Sudden” Heart Attacks, Emphasize Preventive Care in Community Outreach Event

Leading Cardiologists Unite to Raise Awareness on Heart Health During Interactive Media Session and Community Program

time to read

1 min

September 29, 2025

The Business Guardian

The Business Guardian

RAHUL GANDHI'S FOREIGN TOUR AND THE CLOUDS OF SUSPICION

Rahul Gandhi has once again embarked on a foreign trip. Fortunately, this time Congress' chief spokesperson Jairam Ramesh formally clarified that Rahul is visiting four countries in South America. Perhaps, after the embarrassment surrounding his Malaysia visit, the party has chosen to make this disclosure.

time to read

1 mins

September 29, 2025

The Business Guardian

CM REKHA INAUGURATES NAND NAGRI FLYOVER

Delhi CM unveils flyover, strengthens healthcare with ambulances and organ portal.

time to read

1 mins

September 29, 2025

The Business Guardian

The Business Guardian

PM Modi urges use of Indigenous products during Festivals in Mann Ki Baat

In the 126th episode of his monthly radio address Mann ki Baat, Prime Minister Narendra Modi called for citizens to make the upcoming festive season more meaningful by choosing indigenous products.

time to read

1 mins

September 29, 2025

The Business Guardian

The Business Guardian

Look in your own backyard too, sir!

Why is India in the list of drug trafficking countries? And will America set up a military base in Bangladesh?

time to read

4 mins

September 29, 2025

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