{"id":633958,"date":"2024-02-12T11:51:59","date_gmt":"2024-02-12T06:21:59","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=633958"},"modified":"2024-02-12T11:56:33","modified_gmt":"2024-02-12T06:26:33","slug":"centre-hikes-fame-ii-allocation-scheme-valid-till-march-end","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/centre-hikes-fame-ii-allocation-scheme-valid-till-march-end\/","title":{"rendered":"Centre hikes FAME II allocation, scheme valid till March-end"},"content":{"rendered":"<p>The centre has hiked the allocation under the second iteration of Faster Adoption &amp; Manufacturing of Electric Vehicles in India (FAME-II) scheme to Rs 11,500 crore, up from Rs 10,000 crore. A statement from the Ministry of Heavy Industries said these subsidies for demand incentive will be eligible for electric two, three, and four wheelers sold till March 31, 2024, or till the time funds are available, whichever is earlier.<\/p>\n<p>Subsidies for electric two, three, and four wheelers has been revised to Rs 7, 048 crore, of which Rs 5,311 crore is for electric two-wheelers. An allocation of Rs 4,048 crore has been made for purchasing electric buses and setting up electric vehicle (EV) charging stations.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The centre has hiked the allocation under the second iteration of Faster Adoption &amp; Manufacturing of Electric Vehicles in India (FAME-II) scheme to Rs 11,500 crore, up from Rs 10,000 crore. A statement from the Ministry of Heavy Industries said these subsidies for demand incentive will be eligible for electric two, three, and four wheelers sold till March 31, 2024, or till the time funds are available, whichever is earlier. Subsidies for electric two, three, and four wheelers has been revised to Rs 7, 048 crore, of which Rs 5,311 crore is for electric two-wheelers. An allocation of Rs 4,048 [&hellip;]<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,239,136],"tags":[],"class_list":["post-633958","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/633958","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=633958"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/633958\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=633958"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=633958"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=633958"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}