The Rs 10,000-crore programme under the second phase of the FAME India scheme will be implemented over a period of three years with effect from April 1, 2019
FAME-II will offer an incentive of Rs 1.5 lakh each to 35,000 electric four-wheelers with an ex-factory price of up to Rs 15 lakh
At present, the incentive is being offered on purchase of strong hybrid and electric cars, two-wheelers and three-wheelers
Assuring full support to the auto industry, the minister hoped the implementation of GST law will help the sector most