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Year End Review 2024: Ministry of Heavy Industries
✅The Production Linked Incentive (PLI) scheme for Automobile and Auto Components Industry with a budgetary outlay of 25,938 crore
✅With an outlay of 11,500 crore the FAME II scheme launched to promote electric mobility in India
✅A Total of 10,900 crore- PM E-Drive scheme aims to promote green mobility and develop the EV manufacturing ecosystem
✅Payment Security Mechanism (PSM) scheme to support sustainable urban mobility
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