India may pull plug on FAME II after next fiscal
The likely shift comes as the ministry of heavy industries, which administers FAME, has launched an investigation into the alleged misappropriation of subsidies under the scheme by two-wheeler EV makers, government officials familiar with deliberations said. It has halted the release of subsidies in some cases.
Tags : fame ii ministry of heavy industries india fame PLI ev market in india ev makers Electric Vehicles electric four wheeler e buses acc
Disclaimer : We make no assurance about the completeness and accuracy of the content of this website. All news on this website is collected from various sources hence information may or may not be true. Money Nations does not verify the reliability of the content published. We do not accept any accountability for loss or damage occurred as a result of reliability on the content of this website.