FAME-II scheme: Govt may consider Rs 9,381-cr financial support to promote energy-efficient vehicles

FAME-II scheme: The final Cabinet note incorporating the views of related government departments has been prepared and may soon be taken up by the Union Cabinet for approval, paving the way for the  roll out  of the energy efficient vehicles scheme, official sources said. The total requirement of the fund is Rs 9,381 crore spanning five years from 2018-19 to 2022-23

FAME-II scheme: Govt may consider Rs 9,381-cr financial
FAME-II scheme: The second phase of the energy efficient vehicles scheme will be restricted to new energy vehicles used for public transport, commercial purposes and high-speed two-wheelers, officials said. Image source: Reuters

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