Budget 2024: In the Union Budget 2024-25, Finance Minister Nirmala Sitharaman nearly halved the FAME scheme allocation to Rs 2,671.33 crore from Rs 4,807.40 crore. While FAME III remains unannounced, the budget supports the EV industry with customs duty exemptions on lithium and job creation initiatives, though GST relief was not addressed. Read The Rest at :
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