Non Compliance Of FAME II: As per the rules of the scheme, incentives were allowed to make electric vehicles by using made in India components, but in the investigation it was found that these seven firms have used imported components.
Fame-2 rule violation: action on seven two wheeler companies including Hero Electric, will have to return Rs 469 crore weeklyblitz.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from weeklyblitz.net Daily Mail and Mail on Sunday newspapers.
The Centre has sought Rs469crorefrom seven electric two-wheeler makers, including Hero Electric and Okinawa for claiming incentives while not complying with the Faster Adoption and Manufacturing of Electric Vehicles (FAME) II scheme norms.
Govt asks EV companiesto return FAME II benefits navhindtimes.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from navhindtimes.in Daily Mail and Mail on Sunday newspapers.
Centre to recover Rs 469 cr from 7 electric 2W makers nagalandpost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nagalandpost.com Daily Mail and Mail on Sunday newspapers.