India, March 24 -- The Government of India has issued a release:
Sl. No.
Segment /Component
Scheme outlay
Actual Expenditure in scheme in FY 24-25
Expenditure in FY 25-26
Actual Expenditure under Scheme till 19.03.2026
(A)
Demand Incentive
1
e-2W
1,772
667.39
592.52
1,259.91
2
e-3W (e-rickshaw & e-carts)
50
2.93
3.77
6.7
3
e-3W (L5)
857
318.35
412.30
730.65
4
e-ambulances
500
0
0.00
0
5
e-trucks
500
0
0.00
0
(B)
Grants for creation of capital assets
6
e-buses
4,391
0
0.00
0.00
7
EV Public Charging Station
2,000
0
0.00
0.00
8
Upgradation of Testing Agencies
780
0
0.00
0.00
(C)
Admin Expenses
50
4.36
15.38
19.74
Total (A)+(B)+(C)
10,900
993.04
1,023.96
2,017.00
(Rs.crore)
The year-wise details of funds utilised against the allocated outlay under the PM Electric Drive Revolution in Innovative Vehicle Enhancement (PM E-DRIVE) Scheme since its inception on 01.04.2024 is at Annexure-I. The Scheme has been extended up to 31.03.2028. The under utilisation of funds is primarily due to the phased implementation strategy, milestone-based disbursement mechanisms, evolving readiness of certain EV segments. No charging stations have been installed under the scheme so far.
Annexure-I
This information was given by the Minister of State for Heavy Industries, Shri Bhupathiraju Srinivasa Varma in a written reply in the Lok Sabha.
Disclaimer: Curated by HT Syndication.
