Relief unlikely for OEMs with pre-deadline stocks
Business Standard|May 09, 2024
Original equipment manufacturers are seeking benefits under FAME scheme
NITIN KUMAR

The Centre is unlikely to provide relief to original equipment manufacturers (OEMs), who have sought assistance in selling vehicles manufactured before March 31 to qualify for benefits under the Faster Adoption and Manufacturing of Electric Vehicles (FAME) scheme.

Despite appeals from industry stakeholders, the ministry of heavy industries (MHI) will not change its stance, said sources.

"No relief could be provided to OEMs because the timeline was clear from the inception of the scheme," said a senior official aware of the decision.

هذه القصة مأخوذة من طبعة May 09, 2024 من Business Standard.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 8500 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة May 09, 2024 من Business Standard.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 8500 مجلة وصحيفة.

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