PM E-DRIVE brings comfort to EV sector, yet lacks FAME-level incentives Economic Situation &amp Policy Headlines

.The recently revealed PM Electric Travel Revolution in Ingenious Automobile Enhancement (PM E-DRIVE) scheme has brought relief to the electric wheelchair business, however the incentives are less than what the Faster Adopting and also Manufacturing of Electric (And Also Crossbreed) Automobiles (FAME) scheme offered.The rewards around numerous power lorries (EVs) have actually gone down from a high of 85 per cent to 30 per-cent.The power car (e-car) section, which made use of to get an aid of around Rs 1.5 lakh, has actually been left out coming from the plan.The action becomes part of the Center’s efforts to steadily decrease aids.