2023
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which Union Ministry implements the ‘FAME-II Scheme’?
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Ministry of MSME
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Ministry of Heavy Industry
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Ministry of Commerce and Industry
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Ministry of Power
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Explanation:
Detailed explanation-1: -FAME INDIA II Scheme.. : Ministry of Heavy Industries, Ministry of Heavy Industries.
Detailed explanation-2: -FAME 2 subsidies. In June 2021, after consultations with the industry the government increased the demand incentive for two-wheelers to Rs 15, 000 per KWh, from the earlier Rs 10, 000 per KWh, but with a cap of a maximum 40 percent of the cost of vehicles.
Detailed explanation-3: -Phase I lasted from 2015 to 2019 and Phase II of FAME was launched in 2019 and is expected to be completed by 2022.
There is 1 question to complete.