Government extends phase-I of FAME India scheme

New Delhi April 13 (IANS) The central government on Friday said that it has extended the phase-1 of FAME (Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles) India scheme for a further period of six months up to September 30 2018.

According to a notification issued by the Department of Heavy Industry the phase-1 of the FAME scheme was to run for two years 2015-16 and 2016-17 which commenced from April 1 2015.

Initially the phase-1 was extended for a period of six months up to September 30 2017 "or till approval of phase-II whichever is earlier". It was further extended for another six month up to March 31 2018.

"Now therefore the period of the FAME India scheme is further extended for a further period of six months i.e. upto 30th September 2018 or till date of launching of phase-II of FAME India Scheme whichever is earlier " the notification said.

"The extension is deemed to have taken effect on 1st April 2018."

The FAME scheme provides incentives for purchase of electric and hybrid vehicles in particular areas.

--IANS
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