The record
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- The Centre told the Lok Sabha that its electric vehicle policy goes beyond purchase incentives, pairing demand-side schemes like FAME-II and PM E-DRIVE with supply-side measures such as PLI schemes for automobiles and advanced chemistry cell batteries.
- Minister of State for Heavy Industries Bhupathiraju Srinivasa Varma said the Phased Manufacturing Programme sets a roadmap for indigenising critical EV components, with schemes carrying outlays of ₹11,500 crore for FAME-II, ₹10,900 crore for PM E-DRIVE, ₹25,938 crore for the automobile PLI and ₹18,100 crore for the ACC battery PLI.
- The government said the framework addresses both demand and manufacturing, though it has fixed no specific target for the number of EVs on Indian roads by 2047 and makes no state-wise fund allocations because its schemes are demand-driven.
- The statement matters because it lays out the scale and structure of public spending backing India's shift to clean mobility.
What to watch next
- Implementation of the Phased Manufacturing Programme's requirements for domestic production of critical EV components.
- Rollout and utilisation of the PM E-DRIVE scheme, the successor to the concluded FAME-II programme.
- More states notifying dedicated EV policies to complement the central schemes.
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Named India · Bhupathiraju Srinivasa Varma · FAME-II · Government of India · Lok Sabha · Ministry of Heavy Industries · Phased Manufacturing Programme · PLI Scheme for Advanced Chemistry Cell (ACC) Battery Storage · PLI Scheme for Automobile and Auto Components · PM e-Bus Sewa-Payment Security Mechanism · PM E-DRIVE · Scheme for Promotion of Manufacturing of Electric Passenger Cars in India
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