Just In
- 38 min ago Suzuki V Strom 800 DE Launched In India At Rs 10.30 Lakh – The No-nonsense Adventure Motorcycle
- 1 hr ago Xiaomi SU7 Electric Sedan Variant Details – All You Need To Know
- 1 hr ago Luxury Vehicles Seized: Crackdown On Drunk Driving By Odisha Police
- 1 hr ago Maruti Suzuki India Reveals Leadership Changes For April 2024
Don't Miss!
- Technology BSNL Introduces New Rs 599 and Rs 699 High-Speed Fiber Broadband Plans: Check Details
- Movies 5 Hilarious Roles Of Arshad Warsi That Ticked Our Funny Bone
- Sports RCB vs KKR, IPL 2024: Virat Kohli and Gautam Gambhir Meet Again! What are Fans Saying ahead of the Meet?
- Finance Stock Market Holidays: Trading On BSE, NSE To Be Closed For Three Days; What To Expect In 1st Week Of FY25?
- Education UGC NET June 2024: Application process to begin next week, Know more
- News Bihar: RJD, Congress, Left Leaders Announce Seat-Sharing Formula For Lok Sabha Elections 2024
- Lifestyle Personality Traits Of April Born Babies: From Being Witty, To Charismatic And More, They Are Full Of Sheer Joy
- Travel Explore Tamil Nadu's Diverse Wedding Venues
Electric Vehicles Public Transport Permit Mandatory From April 1st—Who Wants FAME?
Electric vehicles public transport permits have been made mandatory starting 1 April 2019. All three and four-wheeler electric vehicles will have to carry a valid permit from a government agency. This permit will state that the vehicle will be used specifically for public transport. Owners of electric vehicles who have this public transport permit can benefit from incentives under the Rs 10,000 crore FAME India scheme.
The FAME India (Faster Adoption and Manufacture of (Hybrid and) Electric Vehicles) Scheme is an incentive scheme, developed for promotion of electric and hybrid vehicles in the country. FAME was launched in 2015 by the Ministry of Heavy Industries and Public Enterprises. The first phase started in 2015 and will end on 31 March 2019. It focused primarily on encouraging electric vehicles, development of electric vehicle technology, demand creation, pilot projects and charging infrastructure.
The
second
phase
(FAME
II),
starting
1
April
2019,
will
cover
buses
using
EV
technology,
electric
plug-in
hybrids,
strong
hybrid
four-wheelers,
electric
three-wheelers
including
e-rickshaws,
and
electric
two-wheelers.
The
scheme
intends
supporting
about
5
lakh
e-rickshaws
with
an
ex-factory
price
(India)
of
up
to
Rs
5
lakh
with
an
incentive
of
Rs
50,000
each.
It
will
offer
Rs
1.5
lakh
(each)
to
35,000
electric
four-wheelers
with
an
ex-factory
price
of
up
to
Rs
15
lakh.
The
scheme
aims
to
boost
environment-friendly
mobility
in
the
public
sector.
According
to
the
Heavy
Industry
Ministry,
a
dealer
will
have
to
ensure
that
the
demand-incentive
is
restricted
to
individuals
using
vehicles
for
public
transport
only.
A
dealer
can
however
claim
incentives
for
sale
of
electric
two
wheelers
for
private
use.
"E-3W,
E-4W,
and
e-Bus
segments
will
have
incentives
directed
to
vehicles
used
for
public
transport
or
towards
those
who
register
their
vehicles
for
commercial
purposes.
For
e-2W
segment,
incentives
also
apply
for
privately
owned
vehicles
besides
those
used
for
public
transport
or
for
commercial
purposes," the
Heavy
Industry
Ministry
said.
The Ministry also stated, "a dealer should ensure that only one vehicle per category per person are allowed to claim demand incentives. No individual person can purchase more than one vehicle of same category and claim incentives under the scheme. However, there will be no restrictions for number of vehicles to be purchased by other than individual categories of buyers,".
What We Think Of The Public Transport Permits For Electric Vehicles
Sure, interesting thought. But shouldn't everyone who owns an electric vehicle be issued an Electric Vehicles Public Transport Permit? Or at least an Electric Vehicle Permit? And shouldn't they be covered under the scheme? We think this will be a big incentive for everyone to move towards cleaner mobility solutions. Dear government, please.