Q. With reference to PM Electric Drive Revolution in Innovative Vehicle Enhancement (PM E-DRIVE) scheme, which of the following statement(s) is/are correct?
1. It seeks to replace the FAME-II (Faster Adoption and Manufacturing of Electric Vehicles in India Phase II) program.
2. It has introduced Aadhaar-authenticated e-vouchers to simplify the EV purchasing process.
3. It will provide subsidies for purchasing electric cars and will also fund the establishment of R&D units for advancing EV technology.
Select the correct answer using the codes given below:
Explanation –
Statements 1 and 2 are correct. The primary aim of the PM E-Drive Scheme is to accelerate the adoption of electric vehicles across India. It seeks to replace the previous FAME-II (Faster Adoption and Manufacturing of Electric Vehicles in India Phase II) program. The scheme introduces Aadhaar-authenticated e-vouchers to simplify the EV purchasing process. These vouchers are generated through the scheme’s portal at the time of purchase and sent directly to the buyer’s mobile number, allowing them to claim subsidies at dealerships.
Statement 3 is incorrect. The scheme has a financial outlay of ₹10,900 crore over two years, focusing on providing subsidies and incentives to boost the purchase and use of electric two-wheelers, three-wheelers, buses, ambulances, and trucks. However, it does not include subsidies for electric cars. There is also no such proposal to provide funding for the establishment of R&D units for advancing EV technology.
Source: The Hindu