Govt modifying FAME-II scheme to fix policy flaws: Report
Shortpedia
Content Team
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The Indian government is reportedly set to modify the Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles (FAME)-II scheme and is also trying to emphasise more on domestic value addition (DVA). The Ministry of Heavy Industries’ note and a presentation to the vehicle manufacturers showed that a digital mechanism will be introduced to calculate the DVA, as per an Economic Times report.
