21 March 2019
FAME-II: Govt sets up inter-ministerial panel for monitoring, sanctioning of projects
https://lnkd.in/f5EGXSH
Highlights :
The panel's terms of reference includes,
# modifying coverage parameters for various components and sub-components of the scheme,
# reviewing demand incentives annually or earlier based on price and technology trends,
# modifying limits of fund allocations among different segments and types of vehicles,
# reviewing the cap for maximum incentive per vehicle, and
# deciding other scheme parameters for its smooth roll out.
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Very welcome decision considering that FAME II is no more than a " Work in Progress " leading to :
FAME II > FAME III > FAME IV
https://lnkd.in/fwA6NAf
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