Last Updated:
Govt will certainly get rid of popularity 3 system in 1-2 months, claims Heavy Industries Minister Kumaraswamy
The federal government is anticipated to settle the 3rd stage of its front runner electrical flexibility fostering system popularity in a month or more, Union Heavy Industries Minister H D Kumaraswamy claimed on Wednesday.
The federal government is anticipated to settle the 3rd stage of its front runner electrical flexibility fostering system popularity in a month or more, Union Heavy Industries Minister H D Kumaraswamy claimed on Wednesday.
He claimed that an inter-ministerial team is servicing the inputs obtained for the system, and initiatives are being made to resolve the problems in the very first 2 stages of the Faster Adoption and Manufacturing of (Hybrid and) Electric Vehicle (POPULARITY) system.
POPULARITY 3 will certainly change the short-lived Electric Mobility Promotion Scheme (EMPS) 2024, which is readied to run out in September.
The 2nd stage of popularity was turned out in 2019 with a first investment of Rs 10,000 crore for 3 years. It was later on prolonged approximately March 2024 with an extra investment of Rs 1,500 crore.
The first target of the system was to sustain 10 lakh electrical two-wheelers, 5 lakh electrical three-wheelers, 55,000 auto, and 7,000 electrical buses.
“On FAME 3, several suggestions are coming because in FAME 1, FAME 2 whatever lacunae is there, how to separate it, for that we are working. Even the PMO…has given some suggestions, for that our inter-ministerial group is working,” Kumaraswamy claimed.
Asked concerning the timeline for popularity 3, the preacher claimed, “I think within 1 month, 2 months, it will be cleared”.
On whether popularity 3 proposition will certainly be sent out to the Union Cabinet looking for authorization in a month or more, the preacher claimed: “Several suggestions are coming even now, we have to adopt all those things, whatever is the best, positive way, we have to take those decisions.” To a concern on unsold stock with car suppliers and gamers, Kumaraswamy claimed, he has actually obtained a number of demands from the car sector. “We are working on the best way we can help them strengthen the industry”.
He was talking to press reporters on the sidelines of an Assocham occasion right here.
(This tale has actually not been modified by News18 personnel and is released from a syndicated information firm feed – PTI)
