Deadline nearing, only 41% of Centre's FAME II scheme target met so far

As the government plans no further extension of the scheme beyond FY24, the task is to achieve the unfinished target of subsidising 914,707 EVs

Premium

4 min read Last Updated : May 30 2023 | 3:36 PM IST

Listen to This Article

With only 10 months left before the deadline for the Centre’s flagship electric vehicles (EV) promotion scheme — Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles (FAME-II) — ends,

Topics : FAME Electric Vehicles

First Published: May 30 2023 | 3:36 PM IST

Explore News

Stock Market Updates VinFast Auto | Tesla Stock To Watch Today Latest News Live Asian Games LIVE updates Vedanta Ltd.SSC CHSL Tier-1 Result 2023 Declared Gold-Silver Price Asian Games Day 4 Highlights Asian Games 2023 September 28 Schedule

Companies News

Adani group appoints new auditor for its main UK subsidiaries: Report Google, Facebook, X, Edtech Cos likely to pay up to 18% IGST from October 1

Sports News

Asian Games 2023: Indian men's 10m air pistol team strikes Gold at Asiad Asian Games LIVE updates, Day 5: Shooters win Gold; India medal tally - 22

India News

IPS officer who cracked Pulwama attack called back to Manipur amid violence Fire at Mukherjee Nagar: Delhi police books paying guest facility owner

Economy News

India's diamond firms in the rough as global trade sanctions mount Angel tax norms: Govt extends safe harbour to convertible preference shares

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on business-standard.com are available only to BS Premium subscribers.

Continue

Deadline nearing, only 41% of Centre's FAME II scheme target met so far

As the government plans no further extension of the scheme beyond FY24, the task is to achieve the unfinished target of subsidising 914,707 EVs

Listen to This Article

Also Read

As govt cuts down subsidy, EV two-wheelers may get costlier from June 1

Centre likely to discontinue second phase of Fame-II scheme after FY24

FAME subsidy row: Centre to return Rs 800 cr to ex-factory price defaulters

FAME: Electric 2-wheeler manufacturers deny allegations of non-compliance

Jaguar Land Rover revs up for electric race; can it meet its 2030 target?

Top 4 IT companies see 40% drop in large client additions in FY23

Omron to establish first Indian medical devices factory in Tamil Nadu

New flights based on flyer-handling capacity at security checks: BCAS

Tamil Nadu signs business pacts worth Rs 800 crore with Japanese companies

Sustainable mining technology need of the hour: Minister Pralhad Joshi

Explore News