- The government to analyse various measures for the implementation of FAME
- BK Modi has offered two electrical buses to the government for the same
- This initiative will lead to the saving of 60,000 crores of fuel that will benefit transport industry
Sept 10, 2016: The Transport Ministry of India is undergoing a rigorous exercise of analysis to find the most appropriate ways for the implementation of a policy called FAME (Faster Adoption and Manufacturing of Hybrid and Electrical Vehicles).
The introduction of electrical and hybrid vehicles in India will bring about various changes in the economy as well as in the environment. According to Anant Geete, the Heavy Industry Minister, the functioning of electrical vehicles will save an amount of 60,000 crores in the fuel and also in the vehicle industry, reported The Hindu.
To make sure that the government reaches a point where it gets ready for a practical implementation of this policy, an amount of 14,000 crores is being allocated for this project. The implementation of this initiative will also lead to a tremendous amount of reduction in the pollution caused by the running of petroleum or diesel vehicles.
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B K Modi, the chairman of Smart Group is an India-born but Singapore-based entrepreneur. His company deals in areas of health, finance, and mobility. In a recent interview, he mentioned about his various tie-ups and plans regarding the introduction of eco-friendly vehicles in India. He said, that he has signed an agreement with the BY Danto industry based in South California for the same, quoted businessworld.in.
His company is focusing on the public vehicles initially as this will lead to the testing of this policy in an effective manner. For this, he has also offered two electrical buses to the government for the purpose of having a round of trial but is yet to get a solid reply from the government of India, reported The Hindu. Nitin Gadkari, the Minister of Transportation, in an event, when questioned about this policy, gave a critical reply.
He said that for the implementation of this policy the government will have to look into various sectors like the roads, public and private vehicle mobility, road map safety, etc.“We are seriously studying the implementation of this policy and will soon approach the cabinet for this” the Minister said.
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Agreeably, the introduction of eco-friendly vehicles in India will lead to a chain of benefits in the economy as well as the environment but also lies with it the greatest matter of concern that is the question of whether our country and our government is actually ready for the successful implementation of it, mentioned The Hindu.
The Nitin Gadkari-led ministry soon needs to find out methods for the implementation of the initiative and let the entire nation drive in a state of developed eco- friendly transportation system. A solid transport budget with the specific amount of money allocation, along with the measurements regarding the various facilities required for the functioning of electrical buses will work well in a country when it is likely to benefit all.
– prepared by Ayushi Gaur of Newsgram