Map & concept mind-map: FAME-II: EV charging stations in West Bengal

Relevance for Banking, SSC & RBI Grade B exams: Polity & Governance

The Ministry of Heavy Industries, under the FAME-II (Faster Adoption and Manufacturing of Hybrid and Electric Vehicles) scheme, has allocated ₹912.50 crore for the establishment of public electric vehicle (EV) charging stations across the country. Notably, no separate allocation has been made for individual states, indicating a centralized approach to EV infrastructure development. The scheme aims to boost the adoption of electric mobility by ensuring a robust network of charging stations, with three major oil marketing companies—BPCL, IOCL, and HPCL—already operationalizing 463 out of 482 approved EV charging stations in West Bengal as of July 1, 2026. This initiative aligns with India’s broader push towards sustainable transportation and reduced carbon emissions, making it a critical topic for aspirants preparing for exams like Bank PO, IBPS, SBI, RBI Grade B, and SSC, where questions on government schemes, budgetary allocations, and policy frameworks are common.

The FAME-II scheme’s focus on EV infrastructure also highlights the government’s commitment to renewable energy and green mobility solutions, which are increasingly relevant in banking and financial sectors due to their impact on credit policies, investment priorities, and sustainable financing. For RBI Grade B aspirants, understanding such schemes is essential as they reflect the government’s economic priorities and their implications on monetary policy and financial stability. Similarly, SSC and Bank PO candidates may encounter questions on the scheme’s objectives, funding mechanisms, and its role in India’s energy transition, making it a key area of study for competitive exams.

Source: PIB (Press Information Bureau)

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