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FAME India II Likely to Have ₹40 Billion Subsidy Outlay for EVs & Charging Infrastructure

The program was launched with an initial outlay of ₹750 million

August 3, 2018

/ Saumy Prateek
/ Electric Vehicles, Market & Policy
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The Ministry of Finance is expected to approve a corpus of ₹40 billion (~$0.58 billion) as subsidy to be disbursed under the second phase of Faster Adoption and Manufacturing of (Hybrid and) Electric Vehicles (FAME) program.

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Saumy Prateek

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e busEVFAMEHybridMinistry of FinancePTISubsidy
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