Page 39 - NIS English 01-15,April 2023

FAME India Flagship

FAME India Phase-II Concession Steps taken by the government
up to 40% of vehicle cost to promote electric vehicles

FAME India Phase-II was launched primarily to convert the On 15 September 2021, a Production Linked Incentive
public and shared transport system to electric vehicles. (PLI) scheme of Rs 25,938 crore has been approved for
Under this, assistance is also being given for demand the automotive sector. In this, up to 18% incentive is
promotion and creation of charging infrastructure for given for electric vehicles.
7090 e-buses, 5 lakh e-three wheelers, 55 thousand e-four The government approved a PLI scheme of Rs 18,100
wheeler passenger cars, and 10 lakh e-two wheelers. crore on 12 May 2021 for Unnat Rasayan Cell.
Electric vehicle buyers are given incentives in the form With effect from 18 October 2018, vehicles running on
of an immediate discount on the purchase price, which batteries or ethanol have been exempted from permit
may be higher or lower on battery capacity. requirements.

For e-three-wheelers and e-four-wheelers, an incentive From August 2, 2021, the fee for issuance, renewal, or

of Rs 10,000 per kilowatt hour is given, subject to a new registration mark of battery-operated vehicles has
maximum of 20% of the vehicle cost. been waived.
In the case of e-two-wheelers, the incentive will be Rs GST on electric vehicles has been reduced from 12%

15,000 per kilowatt hour subject to a maximum of 40% to 5%, and GST on chargers and charging stations for
of the vehicle cost. electric vehicles have been reduced from 18% to 5%.

Bad batteries will be disposed of properly Advantages of Electric Vehicles
The government of India published Battery Waste
Management Rules 2022 on 24th August 2022 for
environmentally friendly management of waste batteries
including electric vehicle batteries. It provides a framework
for battery manufacturers to undertake timely recycling
and refurbishing of batteries. A provision has been made
for battery recyclers to remove a minimum percentage of
usable material from the battery.

FAME India budget increased 35X in five years Tax and Low Lower No
financial carbon operating noise
`5172 benefits footprint costs pollution
crores
One of the great features of electric vehicles is
that they are silent. Be it a two-wheeler or a four-
` 145 wheeler, they don't make any noise. This silence
crores is not only about its engineering, but also the
beginning of a silent revolution in the country
2018-19 2023-24
- Narendra Modi, Prime Minister

infrastructure but also started two production- electric buses under FAME India and subsidy has
linked incentive schemes (PLI) worth about Rs 44 been given for the purchase of more than 10 lakh
thousand crores related to electric vehicles. electric-hybrid private vehicles. The impact of the
The second phase of the scheme started on assistance received under FAME India is that by
April 1, 2019, having a budget provision of Rs December 2022, 20.40 lakh electric vehicles have
10,000 crore will continue till March 2024. By been registered across the country, which includes
February 2023, states and union territories have 6.28 lakh two-wheelers and 3.38 lakh three-
approved the purchase of more than 7 thousand wheelers in the year 2022.

New India Samachar April 1-15, 2023 37