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Follow PM E-DRIVE rules and prevent recurrence of FAME 2 fiasco: Kumaraswamy to industry

By Economic Times - 4 days ago
Union Heavy Industries Minister H D Kumaraswamy urges the automotive industry to avoid subsidy misappropriation under the new PM E-DRIVE scheme. The scheme, with a ₹10,900 crore budget over two years, aims to boost electric vehicle adoption and infrastructure. Manufacturers were warned to adhere strictly to guidelines to prevent issues seen in the FAME-2 scheme.

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