Which of the following statements about the PM Electric Drive Revolution in Innovative Vehicle Enhancement (PM E-DRIVE) Scheme launched in 2024 is/are correct?

1. The scheme will remain in force until 31 March 2026.

2. One of the key aims of PM E-DRIVE is to provide direct subsidies to petrol and diesel vehicles to improve their fuel efficiency.

3. The scheme includes provisions to support the development of EV charging infrastructure.

4. PM E-DRIVE focuses exclusively on private vehicle ownership.

Correct option is D

The correct answer is (D) Only 1 and 3.

Explanation:

• Statement 1: Correct. The PM E-DRIVE Scheme was launched in 2024 and will remain in force until 31 March 2026. The scheme aims to accelerate the adoption of electric vehicles (EVs) in India.

• Statement 2: Incorrect. The PM E-DRIVE Scheme does not provide subsidies to petrol and diesel vehicles. It is focused on the promotion of electric vehicles (EVs) and related infrastructure.

• Statement 3: Correct. The scheme includes provisions to support the development of EV charging infrastructure, which is crucial to support the growing demand for electric vehicles.

• Statement 4: Incorrect. The scheme is not limited to private vehicle ownership. It supports the broader adoption of electric vehicles across multiple sectors, including public and commercial transportation.

Information Booster:

• The PM E-DRIVE Scheme is a part of India’s broader push towards sustainable mobility and the transition to a greener transportation sector.

• The scheme is focused on promoting electric vehicles, encouraging R&D in EV technologies, and fostering the development of EV infrastructure across the country.

• One of the key goals is to reduce carbon emissions and dependence on fossil fuels, while also addressing air pollution in urban areas.