FAME II subsidy for electric vehicles at only 52% of its target

GS Paper 3  Syllabus: Infrastructure/Manufacturing sector   Source: Business Standard, DTE  Context: The parliamentary standing committee on heavy industry highlighted that Phase 2 of the FAME scheme to subsidize electric vehicles has achieved only 51.96 per cent of its target. In related news, the Committee on Estimates (2022-23) for the evaluation of electric vehicle policy under …

Shoonya Campaign: 

GS Paper 3 Topics Covered: Infrastructure- energy.    Context:  Recently, NITI Aayog and Rocky Mountain Institute (RMI) and RMI India have launched the Shoonya Campaign. RMI is an independent nonprofit organization founded in 1982.    About the Campaign:  It is an initiative to promote zero-pollution delivery vehicles by working with consumers and industry.  The campaign will …