Rs 437 cr subsidy to 11 cities under FAME India

The selected cities have been asked to finalise tenders and float supply orders before February 28, 2018

GN Bureau | December 28, 2017


#subsidy   #Anant Geete   #Electric vehicles   #FAME  

Minister of public enterprises Anant Geete has announced the centre is providing Rs 437 crore subsidy to 11 cities under Faster Adoption and Manufacturing of Hybrid and Electric vehicles in India (FAME India) for launching electric public transport.

 
Cities like Delhi, Ahmedabad, Bangalore, Jaipur, Mumbai, Lucknow, Hyderabad, Indore and Kolkata, plus two cities – Jammu and Guwahati under special category - would benefit.
 
The nine big cities in the list will be given subsidy for 40 buses each while Jammu and Guwahati will get for 15 buses each.
 
The government will roll out subsidy for taxis to Ahmedabad (20 taxis), Bangalore (100 taxis), Indore (50 taxis) and Kolkata (200 taxis) based on their demands. Bangalore will get subsidy for 500 three wheelers, Indore for 200 and Ahmedabad for 20, taking the total number of subsidised electric vehicle to 390 buses, 370 taxis and 720 three wheelers.
 
The chosen cities have been asked to finalise tenders and float supply orders before February 28, 2018. Through this expression of interest, the department of heavy industry would spend about Rs 437 crore under FAME India scheme (Phase I), which includes about Rs 40 crore as incentives for installation of charging infrastructure. 
 
The effort is a significant boost to electric mobility to roll out electric buses, three-wheelers and shared cabs for multi-modal public transport.
 

Comments

 

Other News

Why trademarking ‘Operation Sindoor’ is not advisable

The question of whether the name ‘Operation Sindoor’ or even the standalone term ‘Sindoor’ can be registered as a trademark becomes complex and sensitive when viewed through the lens of its prior use by the Indian armed forces in a counter-terrorism operation. In such cases, the iss

JPC on simultaneous elections hold consultations in Maharashtra

The Joint Committee on the Constitution (One Hundred and Twenty-Ninth Amendment) Bill, 2024, and the Union Territories Laws (Amendment) Bill, 2024, has conducted extensive consultations with key stakeholders in Maharashtra regarding the feasibility and implications of simultaneous elections.

Leadership secrets of Rohit Sharma

The Rise of the Hitman: The Rohit Sharma Story By R. Kaushik Rupa Books, 232 pages, Rs 595 With Ro

Operation Sindoor combined hard power with diplomatic finesse

Since guns have fallen silent in India and Pakistan following their ceasefire after four days of conflict, attention has now shifted to New Delhi’s next steps. The Indian government, as per media reports, is considering sending a multi-party delegation to several countries to engage with foreign gove

Rajnath Singh calls upon IMF to reconsider financial assistance to Pakistan

Stating that Pakistan has again started to rebuild its terror infrastructure destroyed by India, defence minister Rajnath Singh called upon the International Monetary Fund (IMF) to reconsider its one-billion-dollar assistance to Islamabad and refrain from providing any support in future as well.

12 of Maharashtra`s 48 govt departments rated top performers

Maharashtra`s Home and Mining departments, headed by ACS and ex BMC commissioner Iqbal Singh Chahal, are among the 12 top performing departments scoring 100% objectives set out for the respective department. After the formation of Mahayuti government, in a first of its kind exercise chief mi

Visionary Talk: Amitabh Gupta, Pune Police Commissioner with Kailashnath Adhikari, MD, Governance Now



Archives

Current Issue

Opinion

Facebook Twitter Google Plus Linkedin Subscribe Newsletter

Twitter