Fame Subsidy Scam: The Government of India can take the help of investigating agencies like CBI or ED to investigate the misuse of government subsidies by electric vehicle companies. An Economics Times report claims that companies like Hero Electric, Okinawa and Bentling have claimed the most wrong subsidies. It has been told that the highest outstanding amount is under the FAME scheme only. However, these irregularities have not yet been independently confirmed.
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Case of fraud in FAME subsidy
According to reports, electric vehicles A case of fraud in government subsidies received by manufacturing companies has come to light. After which the Government of India is evaluating the possibility of taking legal action against many electric vehicle (EV) manufacturers.
According to an Economic Times report, manufacturers are accused of fraudulently claiming subsidies under the Faster Adoption and Manufacturing of Electric Vehicles (FAME) scheme.
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ED or CBI can investigate the case
To promote electric vehicle adoption and manufacturing in India The FAME scheme launched by the government provides subsidy to eligible manufacturers. However, concerns have been raised about potential abuse or fraudulent claims by some companies under this program. If legal action is initiated against these companies, it may affect the EV industry as well. This can serve as a warning against any misuse of government subsidies.
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