FAME-2 Scheme – The Government of India has been promoting the purchase and usage of electric cars as a solution due to the growing worries about pollution from diesel and gasoline automobiles. One such program is the FAME subsidy, which is currently in its second phase, thus being called FAME 2. In this post you get every necessary information regarding this yojana such as objective, eligibility criteria, benefits, required documents and apply online.
FAME-2 Scheme
The Government of India announced the Faster Adoption and Manufacturing of Hybrid and Electric Vehicles (FAME II) program to accelerate the development of electric vehicles. This is important in light of the worldwide efforts being done to stop climate change.
A budget of Rs 10,000 crores has been set aside by the Indian government for this scheme’s second phase. The National Electric Mobility Mission Plan’s objectives were intended to be met by this program (NEMMP). Phase II of FAME was started in 2019 and is anticipated to be finished by 2022. Phase I of FAME ran from 2015 to 2019.
Overview of FAME-2 Scheme
What is FAME India?
The Fame India scheme is an incentive program designed to promote the use of electric and hybrid cars. The Faster Adoption and Manufacturing of Electric and Hybrid Vehicles in India program is known by its full name Fame India. This incentive comes in the form of subsidies for electric car manufacturers and infrastructure suppliers. The Ministry of Heavy Industries and Public Enterprises introduced the Fame India programme which is a component of the National Electric Mobility Mission Plan.
Objective of FAME-2 Scheme
The main objective of the scholarship is to give orphan children social security and socioeconomic support so they can have access to the same quality educational resources as regular students. They will have access to requirements and basic needs met. The students will get various scholarship amounts on a monthly basis.
Benefits of FAME-2 Scheme
Some of the benefits of this scheme is given below:
- There will be a major decrease in environmental and fuel conservation issues.
- various category vehicles will be eligible for various subsidies.
- Public transportation that is environmentally friendly is available to the public.
- Through charging infrastructure, this scheme will enable people to profit from renewable energy sources.
- The presence of charging stations nearby serves as an additional motivator for people to choose electric cars.
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Eligibility Criteria
Some of the eligibility criteria of this scheme is given below:
- Electric vehicle manufactures
- Electric vehicle infrastructure providers
Required Documents
Some of the required documents of this scheme is given below:
- Identity Card
- Address Proof
- Vehicle Registration Certificate
- Other relevant documents
Application Procedure of FAME-2 Scheme
- First you have to visit the Official Website of the scheme.
- The homepage will appear on your screen.
- Click on the Frame India phase II option.
- The application form will appear on your screen.
- Enter all the necessary details in the form.
- You have to upload all the necessary documents.
- Click on the submit button.
FAQ’s
The full form of FAME is Faster Adoption and Manufacturing of Electric Vehicles.
Making the switch to electric or hybrid cars will assist the environment, reduce reliance on fossil fuels, produce no pollutants and use cleaner, greener energy.
Two-wheelers receive a subsidy of Rs 15,000 KW/h under the FAME India scheme, electric buses receive a subsidy of Rs 20,000 KW/h and other vehicles such as three and four-wheelers, receive a subsidy of Rs 10,000 KW/h.
The FAME India program benefits sellers, consumers and Original Equipment Manufacturers (OEMs).