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FAME SCHEME BUDGET
Union Budget 2025: The revolution Sitharaman could bring for EV industry's boom on Feb 1Budget 2025: Union Finance Minister Nirmala Sitharaman will present the 2025-26 Budget in February. The electric vehicle industry anticipat...- 2024 Budget: Sitharaman almost halves FAME allocation, no GST relief for EV industryBudget 2024: In the Union Budget 2024-25, Finance Minister Nirmala Sitharaman nearly halved the FAME scheme allocation to Rs 2,671.33 crore...
- Budget 2024 unlikely to announce FAME III scheme, says HD KumaraswamyBudget expectations: The third phase of the FAME scheme for electric vehicles is nearing completion, but it won't be included in the upcomi...
- FAME-3 may get a budget-day release; Rs 10,000-crore outlay expectedElectric two, three, and four-wheelers are expected to be supported under the Faster Adoption & Manufacturing of Electric Vehicles (FAME) s...
- Government EV push, FAME II ending March 31st 2024, FAME III likely in main budget in JulyIn the Interim budget of this year, finance minister has allocated Rs 2671.33 crore for FAME III scheme but details of it is likely to be a...
- Is the EV market ready to remove the mask of subsidies?Automakers have to reconsider their strategies, as subsidy reduction could impact their sales forecasts and profitability projections for E...
- India to soon unveil new scheme to incentivise EV purchases, expand charging infraOfficials in the Ministry of Heavy Industries (MHI) said on Friday that the allocation of ₹2,671.33 crore under the Faster Adoption and Man...
- Budget 2024: FAME subsidies slashed by more than 44 per cent. What it means for EV buyersThe Interim Budget 2024 was presented by Finance Minister Nirmala Sitharaman. The budget did not mention the FAME III scheme and instead re...
- EV makers may get boost with Rs 2,671 crore allocation in interim budget 2024Sitharaman, in her shortest budget speech since assuming charge as Finance Minister, said the government “will expand and strengthen the e-...
- EV Budget 2024: Govt to provide support to charging infrastructure; expand EV ecosystem, says Nirmala SitharamanThe interim budget announced the expansion of the electric vehicle ecosystem and support for charging infrastructure. The government aims t...
- Budget 2024 may see FAME III be unveiledIndia plans to unveil an expanded third phase of the incentive scheme for electric vehicles in the upcoming interim budget on February 1. T...
- Budget Announcements for EVs: Can Interim Budget get the 'fame' for EVs roaring?FAME SCHEME In Budget: The Indian budget has a significant impact on the electric vehicle (EV) industry's growth trajectory. With the deman...
- Budget 2024: From FAME extension to tax cut, what EV sector expects from FM SitharamanWhile 2023 was an encouraging year for EVs in terms of sales volume, industry stakeholders expect the government to give the segment a boos...
- Maruti Suzuki eyes policy continuity in Interim Budget with focus on PLI and FAME schemesBudget 2024: Maruti Suzuki anticipates the government's sustained focus on Production Linked Incentives (PLI) and the Faster Adoption and M...
- Interim Budget 2024: Government considers extending FAME II scheme to FY25Budget 2024: "Additional funds for FAME II can be sought in a vote on account," said a person aware of the matter. The extension would not ...
- Only Rs 180 crore earmarked for electric vehicles' chargers under FAME-II schemeAround Rs 3,000 crore out of the total allocation of Rs 5,171.97 crore for the FAME-II scheme in the union budget for 2023-24, has been ear...
- 'India can be major global hub for crash testing of vehicles'In an interview to ET's Twesh Mishra and Deepshikha Sikarwar, he also said the government has enough funds for all segments of vehicles und...
- Govt increases allocation for EV subsidy threefoldAs per the budget document, the subsidy under the Faster Adoption and Manufacturing of Hybrid & Electric Vehicles (FAME) for fiscal 2023 is...
- EV industry seeks higher incentives, FAME II scheme extension in BudgetElectric vehicle manufacturers have also asked for an extension of the scheme for two more years upto 2025 in the Budget 2021-22. The exten...
- Society of Manufacturers of Electric Vehicles calls for rejig of FAME II or reintroduction of FAME IThe FAME II scheme had planned to support 10 lakh electric two-wheelers, five lakh three-wheelers, 55,000 four-wheelers and 7,000 buses.
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