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Quick Claim Process
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Pollution from vehicle emissions has significantly increased in recent years. To reduce pollution caused by diesel and petrol-operated vehicles and to promote electric or hybrid cars in India, the Central Government launched the Fame India Scheme in 2015.
The FAME India Scheme is a government subsidy scheme under the National Electric Mobility Mission Plan (NEMMP). It is a government-backed scheme that aims to promote the adoption of electric vehicles in India. Continue reading the article to know the different benefits of the scheme, along with its application process and objective.
The Fame India scheme is an incentive scheme that encourages the adoption of electric and hybrid vehicles. The full form of the Fame India scheme is "Faster Adoption and Manufacturing of Electric and Hybrid Vehicles in India."
Manufacturers and infrastructure providers of electric vehicles receive this incentive through subsidies. The Fame India scheme is a part of the National Electric Mobility Mission Plan and
was launched by the Ministry of Heavy Industries and Public Enterprises.
The Fame India Scheme operates in two phases. These are,
Phase I: The first phase of the Fame India Scheme started in 2015 and was functional till 31st March 2019.
The latest updates of the FAME scheme focus on different key areas. Here’s a breakdown to some of the latest news related to the scheme:
The Fame India scheme has several components, the purpose of which is to promote the adoption and manufacturing of electric vehicles (EVs) in India. Here are the key components:
The FAME India Scheme grants financial incentives that reduce the upfront purchase cost of electric and hybrid vehicles. Here is how it works:
The scheme also promotes the adoption of electric vehicles (EVs) and hybrid vehicles through a policy called the FAME India Scheme (Faster Adoption and Manufacturing of Hybrid and Electric Vehicles). The six most notable impacts are:
The primary objectives of Fame India scheme are listed below.
As stated earlier, the Fame India Scheme is operational in Phase I and II. Here, the features of these phases are discussed separately.
FAME India Phase I had four focus areas - technological development, demand generation, pilot project and charging infrastructure components. The phase was available up to March 31, 2019, with a budget outlay of Rs 895 Cr. Achievements under FAME India –
The Fame India scheme offers the following benefits:
Applicants must first be eligible to avail of the benefits offered under the Fame India Scheme. The following section covers the eligibility criteria for this scheme. Read along!
The benefits of the Fame India scheme are available for the following individuals:
Now that you know the eligibility criteria of this scheme, let's move on to learn about the application process.
To avail of the benefits of Fame India Scheme's latest phase, i.e. Phase II, applicants must follow the steps mentioned below.
Note: Applicants must follow the instructions given by the concerned department. Further, they must remember that there is no other way of applying for the Fame India Scheme.
The “Fame India Scheme” is a crucial step in India's sustainable development because it promotes electric mobility. As a result, this initiative hopes to decrease greenhouse gas emissions and ensure enough energy supply for various needs. Now that you know every detail of the Fame India Scheme, you can opt for electric vehicles to ensure a greener and cleaner future for yourself and upcoming generations.
Applicants must provide proof of address and identity to avail themselves of benefits offered under the Fame India scheme.
Applicants with queries regarding Fame India Scheme can contact the authorities through the helpline numbers 011-2303633, 23061854, and 011-23063733. Applicants can also contact the concerned authorities via email at fame.India@gov.in.
One can view the list of OEM and dealers of Fame India schemes by visiting the official website of the Department of Heavy Industry, Ministry of Heavy Industries and Public Enterprises, Government of India. Next, they must click the 'Scheme' tab and select 'OEM and Dealers' to view the same list.
To view models of the Fame India scheme, individuals have to visit the official website of the Department of Heavy Industry, Ministry of Heavy Industries and Public Enterprises, Government of India. Then, they must click the 'Scheme' tab and select 'Models' from the drop-down list. The list of models and other details will appear on their screens.
FAME stands for "Faster Adoption and Manufacturing of Electric Vehicles." It's all about promoting electric mobility.
The beneficiaries of the FAME India Scheme are people who buy electric and hybrid vehicles, make automobiles and their parts, and the buyers of the FAME India Scheme.
The subsidy amounts granted through the scheme vary by vehicle type. For instance, electric two-wheelers can get subsidies of 15% of the ex-factory price, while larger quantities are allocated for electric buses based on their capacity.
The duration of FAME India Phase 1 ran from April 2015 to March 2019. Then Phase 2 kicked off in April 2019 and is expected to continue until March 2024.
The FAME India Scheme covers a variety of models, including electric two-wheelers, three-wheelers, buses, cars, and hybrid vehicles, encouraging a diverse range of electric options.
You can claim a frame subsidy after buying an eligible vehicle from a registered dealer. They will handle the subsidy application for you, either adjusting it against the vehicle's price or transferring it directly to your account.
The main differences are that FAME 2 has a longer duration of five years and introduces a more structured subsidy system. It also emphasises public transport and commercial electric vehicles more than FAME 1.
A FAME certificate is like a badge of honour for electric vehicles, certifying that they meet the scheme's standards and are eligible for subsidies.
The Fame India scheme's challenges include a lack of charging infrastructure, slow adoption due to high EVs' initial costs, and limited model availability.
The total budget of FAME India Scheme Phase II is ₹10,000 crore (about $1.4 billion)
The second phase of the Fame India scheme promotes electric and hybrid vehicle adoption in the country through financial incentives with a budgetary allocation of ₹10,000 crore over three years beginning April 2019.