Home India Ministry of Heavy Industries Whereas the Department of Heavy Industry notified the scheme...
Date: 2018-09-27 Category: Extra Ordinary State: Union Government Country: India

Whereas the Department of Heavy Industry notified the scheme namely FAME India Faster Adoption and Manufacturing

Issued by Ministry of Heavy Industries · Department of Heavy Industry

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Executive Summary & Key Takeaways

Executive Summary: This notification concerns the FAMEIndia (Faster Adoption and Manufacturing of Hybrid Electric Vehicles in India) scheme. It extends Phase I of the scheme until March 31, 2019, or until the FAME II notification, whichever is earlier. It also discontinues incentives for conventional battery vehicles and unregistered vehicles, effective October 1, 2018, while protecting eligible benefits for sales made until September 30, 2018. Key Points / Main Content: * **Scheme Extension:** * Phase I of the FAMEIndia Scheme is extended until March 31, 2019, or until the FAME II notification, whichever is earlier. * **Incentive Changes:** * Incentives for conventional battery vehicles are discontinued, effective October 1, 2018. * Incentives will only be available for registered vehicles during the extended period of the scheme. * Vehicles not requiring registration are excluded from the scheme's scope, irrespective of battery type, effective October 1, 2018. * **Amendment Applicability:** * The changes apply to other clauses in the gazette notification regarding demand incentives for unregistered vehicles and vehicles with conventional batteries. * **Protected Sales:** * Sales of vehicles eligible for benefits made until September 30, 2018, are not affected by this amendment. * **Notification Amendment:** * The FAMEIndia scheme notification S.O. 830E dated March 13, 2015, is amended accordingly. Impact Analysis: * **Vehicle Manufacturers:** * Impact: Manufacturers of conventional battery vehicles and unregistered vehicles will no longer receive incentives after October 1, 2018. * Action Required: Adjust manufacturing and sales strategies to account for the changes in incentives. * **Consumers:** * Impact: Consumers purchasing conventional battery vehicles or unregistered vehicles after October 1, 2018, will not be eligible for incentives under the FAME India scheme. * Action Required: Re-evaluate vehicle purchase decisions considering the incentive changes and ensure vehicle registration to avail of the scheme's benefits, where applicable. * **Government (Department of Heavy Industry):** * Impact: The Department needs to implement and monitor the extended scheme with the revised incentive structure. * Action Required: Ensure effective communication of the changes to all stakeholders and prepare for the implementation of FAME II.

Key Entities Referenced

FAMEIndia Faster Adoption and Manufacturing of Hybrid Electric Vehicles in India: A scheme notified by the Department of Heavy Industry to promote hybrid and electric vehicles in India. Department of Heavy Industry: The department under the MINISTRY OF HEAVY INDUSTRIES AND PUBLIC ENTERPRISES responsible for the FAME India scheme. Ministry of Heavy Industries and Public Enterprises: The ministry overseeing the Department of Heavy Industry and the FAME India scheme. New Delhi: The location where the notification was issued. 13th March, 2015: The date of the original notification of the FAME India scheme (S.O. 830 E). 30th September, 2018: The date until which certain incentives for vehicles under the FAME India scheme were available. 31st March, 2019: The extended deadline for the FAMEIndia Scheme. VISHVAJIT SAHAY: Joint Secretary who signed the notification.
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And whereas, as per Clause 4 of the FAME-India Scheme, “The Phase-I of the scheme shall be implemented over a 2 year period i.e. FY 2015-16 and FY 2016-17 commencing from 1st April, 2015”. 3. And whereas, the Phase-I of the FAME-India Scheme was extended for a further period of six months i.e. upto 30th September, 2017 vide S.O.1055 (E) dated 30th March, 2017; again for a further period of six months i.e. upto 31st March, 2018 vide S.O.3013 (E) dated 12th September, 2017 and again for a further period of six months i.e. upto 30th September, 2018 vide S.O.1657 (E) dated 13th April, 2018. 4. Now, therefore, it has been decided that the period of the FAME-India Scheme be further extended for a further period of six months i.e. upto 31st March, 2019 or till Notification of FAME-II, whichever is earlier. The extension is subject to the following: (i) The benefits of incentive available to Conventional Battery Vehicles as elucidated in para 26 of the original notification of the Scheme dated 13th March, 2015 stands discontinued w.e.f. 1st October, 2018. (ii) Incentives in the remaining period of the scheme shall only be available for registered vehicles. Henceforth, w.e.f. 1st October, 2018, vehicles not requiring registration shall be excluded from the scope of the scheme irrespective of the type of battery elucidated in para 26 of the original notification of the Scheme dated 13th March, 2015. 5. This will apply mutatis mutandis to other clauses in the gazette notification, which hitherto had enabled giving of demand incentives to unregistered vehicles and to vehicles with Conventional Battery. However, sales of such vehicles for eligible benefits effected upto 30th September, 2018 will not be affected by this amendment. 6. Therefore, FAME-India [Faster Adoption and Manufacturing of (Hybrid&) Electric Vehicles in India] scheme notification vide S.O. 830(E) dated 13th March 2015 stands amended accordingly. [F.No. 12(14)/2017-AEI] VISHVAJIT SAHAY, Jt. Secy. Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi-110064 and Published by the Controller of Publications, Delhi-110054.

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