Parliament Panel Wants Extension of FAME Program Until 2027

Subsidy reduction for electric two-wheelers could be a dampener

August 9, 2023

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A parliamentary committee has recommended that the government extend Phase II of the Faster Adoption and Manufacturing of Electric and Hybrid Vehicles (FAME) for at least three years beyond March 31, 2024, to make electric vehicles a norm in the Indian automobile market.

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B.S. Nagaraj

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Parliament Panel Wants Extension of FAME Program Until 2027

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