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PM E-DRIVE brings relief to EV field, but lacks FAME-level rewards Economic Situation &amp Policy Updates

.The newly declared PM Electric Travel Change in Impressive Lorry Enhancement (PM E-DRIVE) scheme has actually brought comfort to the power range of motion sector, however the rewards are actually less than what the Faster Adopting and Production of Electric (And Hybrid) Automobiles (FAME) program provided.The rewards all over a number of electrical motor vehicles (EVs) have actually lost coming from a higher of 85 per-cent to 30 per-cent.The electricity car (e-car) portion, which used to receive an aid of as much as Rs 1.5 lakh, has actually been omitted from the plan.The technique is part of the Center's attempts to steadily lower aids.