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PM E-DRIVE carries comfort to EV field, however lacks FAME-level rewards Economy &amp Plan News

.The freshly introduced PM Electric Travel Transformation in Impressive Car Augmentation (PM E-DRIVE) scheme has actually carried relief to the electrical wheelchair business, yet the rewards are actually lower than what the Faster Adoption and Production of Electric (And Hybrid) Vehicles (PROMINENCE) scheme provided.The rewards across a number of electric automobiles (EVs) have actually gone down coming from a higher of 85 per-cent to 30 per-cent.The electric automobile (e-car) segment, which used to obtain a subsidy of around Rs 1.5 lakh, has been actually left out coming from the program.The move becomes part of the Facility's initiatives to gradually minimize subsidies.