Subsidy will be available on buying e-cycle, read full news

Subsidy will be available on buying e-cycle

In the midst of rising rates of petrol and diesel, other alternative fuels are being encouraged a lot in the country. Due to this, e-cycle is becoming increasingly popular among the people. People thinking of buying e-cycle can get good news from the government.

The government is considering a scheme to subsidize the purchase of e-vehicles, in which e-cycles will also be included. This subsidy can also be implemented under the already running FAME-2 scheme. Electric two wheeler, three wheeler, four wheeler passenger vehicle and goods carrying vehicle etc. are included under FAME-2 scheme. Now this list can also include the whole range of e-vehicles.

Source: Krishi Jagran

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