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FAME Allocation

Budget Pradesh
#1

What is the amount allocated for FAME 1 and 2 schemes?

@niraj_chourasia @subratrath

#2

For the first phase, Rs. 529 Crore was allotted in total.
https://pib.gov.in/PressReleasePage.aspx?PRID=1577880

#3

Fame 2, has an allocation of Rs.10,000 Cr for yeas starting from 1st April 2019.
https://fame2.heavyindustries.gov.in/

#4

Thanks for the response, Subrat.
Is there any information on how much money was actually spent on both the schemes?

#5

The budgetary allocation of ₹10,000 crore is for three years to 31 March 2022. With the total expenditure for both phases of the Fame programme at ₹818 crore till March this year, the budget sought for 2021-22, 2022-23 and 2023-24 is ₹1,893 crore, ₹3,775 crore and ₹3,514 crore, respectively, bringing the total to ₹9,182 crore.

2 Likes
#6

Thanks, Subrat. This is very helpful!

1 Like
#7

Thanks, Subrata !

For budget allocations on Faster Adoption and Manufacturing of(Hybrid and) Electric Vehicle in India(FAME-India) scheme , Expenditure budget of Department of heavy industry under Ministry of Heavy Industry and Public Enterprises provides the information.
There is a Budget estimate of Rs. 757 crore in 2021-22 and Actual spending as Rs.500 crore in 2019-20 for the Scheme -

Link here:

Best wishes,
Jyotsna

1 Like
#8

Thanks, Jyotsna!

This is very useful.