Under the Rs 10,000-crore Faster Adoption and Manufacturing of (Hybrid) and Electric Vehicles (FAME) II scheme announced last week, subsidies will be given to only to three-wheeler and four-wheeler used for public transport or registered for commercial purposes.
There would not be any subsidy for new private electric cars, as speculated earlier.
However, in the case of two-wheeler, the private vehicles would gain.
Paucity of funds with the government could be cited as one of the reasons for the exclusion of private electric four-wheeler.