Lok Sabha Question No. 5177 (UNSTARRED), answered on 2026-03-24
Subject: Funds under PM E-DRIVE Scheme
Ministry: HEAVY INDUSTRIES
Asked by: Dr. Sharmila Sarkar

## GOVERNMENT OF INDIA MINISTRY OF HEAVY INDUSTRIES

## LOK SABHA UNSTARRED QUESTION NO. 5177

ANSWERED ON 24.03.2026

## FUNDS UNDER PM E-DRIVE SCHEME

## 5177.  DR. SHARMILA SARKAR:

## Will the Minister of HEAVY INDUSTRIES be pleased to state:

- (a) the reasons for the approximately 68% under utilisation of funds under the PM Electric Drive Revolution in Innovative Vehicle Enhancement (PM E-DRIVE) Scheme;
- (b) the details of the funds allocated and utilised under PM E-DRIVE since scheme inception, year-wise; and
- (c) the details of the target and the actual number of charging stations set up under the scheme since inception, year-wise?

## ANSWER THE MINISTER OF STATE FOR HEAVY INDUSTRIES (SHRI BHUPATHIRAJU SRINIVASA VARMA)

(a) to (c): 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, milestonebased  disbursement  mechanisms,  evolving  readiness  of  certain  EV  segments.  No  charging stations have been installed under the scheme so far.

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Annexure-I

| Sl. No.           | Segment /Component                    | Scheme outlay (Rs.crore)              | Actual Expenditure in scheme in FY 24-25   | Expenditure in FY 25-26               | Actual Expenditure under Scheme till 19.03.2026   |
|-------------------|---------------------------------------|---------------------------------------|--------------------------------------------|---------------------------------------|---------------------------------------------------|
| (A)               | Demand Incentive                      | Demand Incentive                      | Demand Incentive                           | Demand Incentive                      | 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 | Grants for creation of capital assets | Grants for creation of capital assets      | Grants for creation of capital assets | 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) | Total (A)+(B)+(C)                     | 10,900                                | 993.04                                     | 1,023.96                              | 2,017.00                                          |

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