Govt to spend Rs 14,000 crore to promote eco-friendly vehicles

Government of India is going to spend Rs 14,000 crore to promote eco-friendly vehicles like hybrid and electric vehicles under the National Electric Mobility Mission. Under the scheme, public transport system in metropolitan cities would be encouraged to use hybrid and electric models. To promote eco-friendly vehicles, the GOI had already launched FAME India – Faster Adoption and Manufacturing of Hybrid and Electric vehicles in India, which offers incentives on electric and hybrid vehicles of up to Rs 29,000 for bikes and Rs 1.38 lakh for cars. FAME India is a part of the National Electric Mobility Mission Plan.

Green Vehicle
  • A green vehicle is a road motor vehicle that produces less harmful impacts to the environment than comparable conventional internal combustion engine vehicles.
  • Green vehicles can be powered by alternative fuels and advanced vehicle technologies.
  • The International Organization for Standardization has developed ISO 14020 and ISO 14024 to establish principles and procedures for environmental labels and declarations that certifiers and eco-labellers should follow.
Test Your Knowledge

Who is the current Union Minister of road transport and highways?

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Answer – Nitin Gadkari

Who is the present Union Minister of Heavy Industries?

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Answer – Anant Geete

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