The Indian Government is not in favour of extending the electric vehicle (EV) subsidy scheme, which is the FAME (Faster Adoption and Manufacturing of Electric Vehicles) scheme beyond March 2024. However, a final decision has not been taken yet. EV subsidies to the tune of Rs 1,200 crore have been on hold for more than 13 EV players for close to a year now.
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(Edited by : Abhishek Jha)
First Published: Apr 21, 2023 11:49 AM IST
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