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Post Tagged with: "Government"

Government Contemplates Legal Action to Retrieve FAME Subsidy from Defaulting Companies

Government Contemplates Legal Action to Retrieve FAME Subsidy from Defaulting Companies

The Indian government is considering legal action against Hero Electric, Okinawa Autotech, and Benling India to recover wrongfully availed subsidies under the Faster Adoption and Manufacturing of Electric Vehicles (FAME) scheme. Despite repeated attempts by the Ministry of Heavy Industries to retrieve the disputed amounts, these companies have failed to comply. As the outstanding dues accumulate daily, the government is[Read More…]

by — March 19, 2024 — News
Revised FAME II subsidy

Revised FAME II subsidy

The crucial changes prompted by the Government to the FAME II scheme involving electric vehicles are claimed to be on the back of its failure to achieve the desired results. Following the FAME I scheme that was rolled out in 2015 to encourage early adoption of electric vehicles and bring down the country’s dependence on crude oil, much of which[Read More…]

by — July 15, 2021 — INDUSTRY TALK
Force Traveller and Trax ambulances

Force Traveller and Trax ambulances

The Maharashtra Government has deployed a fleet of 500 Force Traveller and Trax ambulances to improve its ability to respond to Covid-19 pandemic health challenges. To be stationed at primary health centers across the state, the ambulances were found to be suitable for use due to their all-terrain capability and high ground clearance. Assuring best-in-class power and torque which will[Read More…]

by — July 12, 2021 — News