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Saturday, November 2, 2024
TopicFAME-II subsidy controversy

Topic: FAME-II subsidy controversy

Why a subsidy cut on electric two-wheelers isn’t such a bad thing

Heavy FAME-II subsidy until now skewed production and ownership in favour of high-powered scooters that have larger battery packs.

Pressure to source locally could compromise quality, EV makers’ body says over subsidy tussle with govt

Society of Manufacturers of Electric Vehicles Wednesday issued statement in response to govt’s clean chit to companies alleged to have violated localisation norms for subsidies under FAME-II scheme.

FAME-II controversy can scare off investors. India’s EV sector had just started to grow

Financing of electric vehicles is becoming easier but financial institutions and investors of electric vehicle companies will be wary of government's ongoing investigations.

India’s EV market is battling a subsidy controversy but Ather Energy determined to beat crisis

Ather Energy's Tarun Mehta says his company has scaled up operations amid the FAME-II fiasco, and that he believes firmly in his products, policies & team.

On Camera

As a Hindu Canadian, I am deeply hurt by cancellation of Diwali. My community is now sidelined

Canada faces serious foreign interference issues, but these challenges must not be weaponized to unfairly target friendly and important allies like India.

Watch CutTheClutter: Flattening INR-USD rate, and debate on pros and cons of a ‘strong’ rupee

In Episode 1544 of CutTheClutter, Editor-in-Chief Shekhar Gupta looks at some top economists pointing to the pitfalls of ‘currency nationalism’ with data from 1991 to 2004.

Indian firms sanctioned by US didn’t violate laws, says MEA. Hyderabad firm that supplied to Army on list

Among 19 Indian firms sanctioned by US Treasury Dept was Lokesh Machines Ltd accused of coordinating with 'Russian defence procurement agent to import Italy-origin CNC machines'.

Xi wanted to teach India about imbalance of power. We should take a budgetary lesson from it

While we talk much about our military, we don’t put our national wallet where our mouth is. Nobody is saying we should double our defence spending, but current declining trend must be reversed.