Mrbuji-logo

The 'FAME scheme' is carried out by which Union Ministry?

Ministry of Heavy Industries

Ministry of Heavy Industries
2023 February
4
2.5/5

The "FAME (faster adoption and manufacturing of electric vehicles) scheme" is carried out by the Ministry of Heavy Industries. The FAME scheme, which provides financial incentives for the purchase of electric vehicles, has seen a nearly twofold increase in government funding. The FAME scheme subsidy for fiscal 2024 is estimated in the budget at Rs 5,172 crore, as opposed to the revised estimate of Rs 2,897 crore for the current fiscal year. Since the program's inception in 2020, this allocation is the highest.

More topics

2023 October

Which major crop is expected to see a decline in production according to the preliminary advance estimates for the major kharif crops for 2023–2024?

Rice

2023 June

Which institution provides support for the 'REWARD Program'?.

World Bank.

2024 August

The Maharashtra government launched the first ‘Solar Village’ in which district?

Satara

Select your language
Subject selected: Current affairs