Why is it in the news?

• Ministry of Heavy Industries launched Electric Mobility Promotion Scheme (EMPS), 2024.

 Key Highlights of the Scheme

• The Ministry of Heavy Industries (MHI) is the nodal ministry responsible for implementing the scheme.
• EMPS, 2024 aims to expedite the adoption of electric two-wheelers (e-2W) and three-wheelers (e-3W) to promote green mobility and foster the development of the Electric Vehicle (EV) manufacturing ecosystem in the country.
• The scheme will be effective for a duration of 4 months, from 1st April 2024 till 31st July 2024.
• A committee headed by the Secretary (Heavy Industries) is constituted to oversee the monitoring, sanctioning, and implementation of EMPS, ensuring efficient execution of the scheme.

Components of the Scheme:

• Demand incentives will be provided for e-2W and e-3W to encourage their adoption.
• Administration of Scheme including IEC (Information, Education & Communication) activities and fee for Project Management Agency

Conditions for Availing Demand Incentives:

• Original Equipment Manufacturers (OEMs) must be registered with MHI, and each of their EV models needs approval from MHI.
• Each vehicle model must meet minimum technical eligibility criteria regarding efficiency.

Eligibility:

• Vehicles registered as Motor Vehicles as per the Central Motor Vehicle Rules are eligible.
• Only vehicles fitted with advanced batteries qualify for incentives.