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

Understanding immunity: How to boost it during Covid-19

In a first, the Department of Home Science, Sri Padmavati Mahila Visvavidayalam (Women’s University) Tirupati, Andhra Pradesh, recently organized an international webinar on “Nutrition and Immune System Support during COVID-19 Pandemic”. Speakers included eminent national and internationa

Covid-19: India’s recovery rate improves to 59.43%

Even as Unlock enters the second phase, the number of Covid-19 infections continues to rise to record levels and India remains No 4 in the worldwide list, yet there is glimmer of hope: its recovery rate is also rising in tandem. There are 1,27,864 recovered cases more than the active Covid-1

Coming soon at a station near you: private trains!

A long-debated idea is finally coming to fruition as the Indian railways has decided to join hands with the private sector, in running some train services to begin with. The ministry of railways has invited ‘request for qualifications’ (RFQ) for private participation for operatio

A place of local democracy in pandemic governance: The case of Mumbai

Democracy in India is now taken for a fact, with an unstated assumption that all our institutions are democratic and hence often our successes and more often failures are attributed to ‘democracy’. However, a key frontier where democracy remains a challenge is that of local governments and that

Why TikTok, other apps were banned: “Engaged in anti-India activities”

India, facing China’s aggressiveness at border, has banned 59 smartphone apps, including TikTok, as they were indulging in activities harmful to India’s sovereignty and integrity. The reason cited was: “in view of information available they are engaged in activities which [

Gaganyaan mission not affected by pandemic

The launch of India’s first human space mission, ‘Gaganyaan’, will not be affected by Covid-19 and preparations are going on in the right direction even amid the pandemic. This was disclosed by minister of state (independent charge) development of north eastern region (DoNE



Archives

Current Issue

Opinion

Facebook    Twitter    Google Plus    Linkedin    Subscribe Newsletter

Twitter