With reference to the 'PM Electric Drive Revolution in Innovative Vehicle Enhancement (PM E-DRIVE)' scheme approved by the Union Cabinet to promote electric mobility in India, consider the following statements:
1. The scheme is implemented under the aegis of the Union Ministry of Heavy Industries.
2. It provides direct financial demand incentives for purchasing personal electric passenger cars (e-4W) as well as commercial electric vehicles.
3. Demand incentives for electric two-wheelers and three-wheelers under the scheme are claimable through Aadhaar-authenticated e-vouchers generated at the time of purchase.
Which of the statements given above is/are correct?
- A1 only
- 1 and 3 onlyAnswer
- C2 and 3 only
- D1, 2 and 3
Answer
Statements 1 and 3 are correct, while statement 2 is incorrect.
The correct option identifies that statements 1 and 3 are valid, whereas statement 2 is invalid. The PM E-DRIVE scheme, administered by the Ministry of Heavy Industries, introduced Aadhaar-authenticated e-vouchers for e-2W and e-3W incentive claims. It intentionally omits personal electric four-wheeler cars from demand subsidies to concentrate financial resources on mass transit, commercial vehicles, and two/three-wheeler fleets.
Step-by-Step Solution
Key Concept
Scope, eligibility, and implementing architecture of national e-mobility governance schemes (PM E-DRIVE).
Estimated Time:2m 0s