Govt to recover Rs. 250 crore from Okinawa, hero electric In a significant move, the government is set to recover Rs. 250 crores from electric vehicle manufacturers Okinawa and Hero Electric. The recovery is related to incentives claimed by these companies under the Faster Adoption and Manufacturing of Electric Vehicles (FAME) scheme.
This action underscores the government’s commitment to ensuring accountability and transparency in the disbursement of incentives. The recovery of funds will contribute to the promotion of fair practices and the development of the electric vehicle sector in India.
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