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Govt to hold back EV subsidies for Okinawa, Hero Electric: Report
short by Ashley Paul / on Thursday, 18 May, 2023
Centre will hold back EV subsidies given under Phase-II of FAME scheme for Okinawa and Hero Electric over violation of norms, CNBC-TV18 reported. Approximately ₹1,100 crore was held back by the government. Centre's investigation into violation of norms by 17 firms is nearing completion and subsidy reimbursement will resume in two to three days.
read more at CNBC-TV18