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Unveiling of FAME 3 scheme hinges on unspent scheme funds by FY24 end – EQ Mag

Unveiling of FAME 3 scheme hinges on unspent scheme funds by FY24 end – EQ Mag

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India may roll out the next phase of its key subsidy scheme for electric vehicles —-Faster Adoption and Manufacturing of Electric vehicles only if the funds allocated for it are not fully exhausted at the end of the current financial year, officials said.

Industry has been pressing for extending the incentives offered under the FAME 2, in operation now, and has represented to the government on the matter…Read More

Source: PTI
Anand Gupta Editor - EQ Int'l Media Network