Is a controversial subsidy scheme setting India's EV drea...

Q: How long is this episode of Finshots Daily?

This episode is 6 minutes long.

Q: When was this Finshots Daily episode published?

This episode was published on May 2, 2023.

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What this episode covers

When a subsidy scheme for Faster Adoption and Manufacturing of Electric Vehicles (FAME) was rolled out in 2015, it aimed to subsidise production costs for EV makers and make EVs affordable for the masses. But in its second phase starting 2019, the scheme has become a magnet for controversies, sparking conflict in the EV world. So in today’s episode for 2nd May 2023, we discuss the debate surrounding FAME II and see why it could be stalling India’s EV wagon. We've launched an endeavor to give simplified health and life insurance advice via Ditto Insurance. Book a free consultation call with our advisors or just drop us a text on WhatsApp for all your insurance queries. Check out Ditto: https://bit.ly/3ym6GjO Insta- https://www.instagram.com/joinditto/ Twitter- https://twitter.com/joinditto

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