Govt hikes outlay for first phase of FAME India scheme to Rs 895 crore

Posted on:27 Nov 2018 12:49:24
Govt hikes outlay for first phase of FAME India scheme to Rs 895 crore
27 November 2018 Current Affairs: The phase-I of the Faster Adoption and Manufacturing of (Hybrid) and Electric Vehicles (FAME India) scheme was supposed to be implemented over a two-year period commencing from April 1, 2015.

The Ministry of Finance has approved the enhancement of the total outlay on the first phase of the scheme from Rs 795 crore to Rs 895 crore.
The phase-I of the Faster Adoption and Manufacturing of (Hybrid) and Electric Vehicles (FAME India) scheme was supposed to be implemented over a two-year period commencing from April 1, 2015.

The Ministry of Finance has approved the enhancement of the total outlay on the first phase of the scheme from Rs 795 crore to Rs 895 crore.

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