Current Affairs · Government Schemes
Regarding the PM Electric Drive Revolution in Innovative Vehicle Enhancement (PM E-DRIVE) Scheme, consider the following statements: 1. PM E-DRIVE is administered by the Ministry of Heavy Industries with a total outlay of Rs 5,900 crore, replacing the earlier FAME-II scheme. 2. The scheme provides demand incentives for electric two-wheelers, three-wheelers, buses, and ambulances, and explicitly includes personal electric four-wheelers. 3. Under PM E-DRIVE, demand incentives are not disbursed directly to individual buyers' bank accounts through a DBT mechanism, unlike FAME-II where OEMs received the benefit. 4. PM E-DRIVE includes dedicated allocations for upgrading public EV charging infrastructure and installation of fast-charging stations. Which of the above statements is/are correct?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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