Which of the following statements is correct regarding FAME India scheme 1 It comes under Ministry o...........

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Which of the following statements is correct regarding FAME India scheme

(1) It comes under Ministry of Heavy Industries and Public Entrepreneurship

(2) Objective of the scheme is to support hybrid electric vehicles

Choose the correct code:

1 only

2 only

Both 1 and 2

Neither 1 and 2

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Explanation:

Both the statements are correct.

The National Electric Mobility Mission Plan (NEMMP) 2020 is a National Mission document providing the vision and the roadmap for the faster adoption of electric vehicles and their manufacturing in the country. As part of the NEMMP 2020, Department of Heavy Industry formulated a Scheme viz. Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles in India (FAME India) Scheme in the year 2015 to promote manufacturing of electric and hybrid vehicle technology and to ensure sustainable growth of the same.