Electric Vehicles has been a long-lasting saga in India. It is not going to stop until the aim of the government is achieved. There will be a lot more subsidies thrown into the mix so that the brave startups can hit the ground running. A lot of things need to fall in order for FAME-II to really capitalize. All the ministers of various fields need to cooperate on a different level so that the subsidies offered are really turned into vehicles on road.
That said, there were a lot of gaps between the programs that are being talked about for so long. To fill those gaps, the Centre has finally made a decision. The decision is to form a committee that will allow all the ministers to work under an umbrella which will lead to these plans moving forward. The committee is known as the National Mission on Transformative Mobility and Battery Storage. This news came out on Thursday. This committee is formed with an aim to finalize the Framework for PMP (Phased Manufacturing Program).
This is aimed at the production of the EVs. The localization of the production of Electrical Vehicles and its components is very important. The main reason for localizing is to bring the price of EVs down to a level where people would be attracted to buy them instead of fuelled vehicles. To bring the price down, battery costs also need to be drastically reduced.
The committee formed is going to be headed by NITI Aayog, a government think-tank, CEO Amitabh Kant. This Inter-Ministerial Steering Committee. This committee will be the driving force behind changing the mobility scene in India. The committee is supposed to be made of Ministry of Road Transport and Highways, Ministry of Power, Ministry of New and Renewable Energy, Department of Science and Technology, Department for Promotion of Industry and Internal Trade, Department of Heavy Industry, Department of Promotion of Industry and Internal Trade and director general from Bureau of Industrial Standards. The localization of Electric Vehicles or PMP initiative is valid for five years.
The Cabinet statement mostly said that cooperative and extensive inter-ministerial work is required to bring success to the EV plans of India. “The mission will facilitate cooperative federalism, extensive stakeholder and inter-ministerial consultations and implement end-to-end policy framework for transforming the mobility landscape,” the statement read.
Amitabh Kant also tweeted about it. His tweet praised the decision taken by the Centre. “Cabinet approving National Mission on Transformative Mobility & Battery Storage will ensure @makeinindia innovation for safe, adequate, holistic Infra for mobility. India offers unparalleled speed, scale & size for multi-modal, sustainable, intelligent ecosystems,” Kant tweeted.
The steps are being taken to enable FAME-II scheme and it will only require a bit of time to really kick in. The scheme is brilliantly drafted but the rules and the regulations need to be tightened. The Make in India dream needs to be realized and realized soon.