Centre freezes subsidy of EV makers for violating PMP norms under FAME-II

Under the FAME-II scheme, the government releases incentives for various categories of EVs to OEMs. It has an outlay of Rs 10,000 crore


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BS Web Team New Delhi
The centre has put subsidies on several electric vehicles (EV) original equipment manufacturers (OEMs) for violating the government's phased manufacturing plan (PMP). The PMP is important eligibility for availing incentives under the Faster Adoption and Manufacturing of Hybrid and Electric Vehicles (FAME-II) scheme, according to a report by Mint

The irregularities were found by the department of heavy industries. The report quoted the department's secretary Arun Goel as saying that it is implementing a system to introduce traceability in the way manufacturers share their records related to the domestic value addition (DVA). 

"We got complaints that some OEMs are not

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First Published: Sep 26 2022 | 12:29 PM IST

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