EV firms availing FAME subsidies to face tighter scrutiny - Economic Times


6/27/2022 12:00:00 AM2 years 10 months ago
by Nehal Chaliawala and Twesh Mishra

EV makers now must produce a certificate from a chartered accountant empanelled with the Comptroller and Auditor General, verifying the extent of imported components in their vehicles before their products can qualify for subsidies under the Faster Adoption a…

Companies availing of subsidies under the government's flagship electric vehicles (EV) promotion scheme are facing increased scrutiny from the authorities, after it came to their notice that many man… [+2648 chars]

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