Fame electric two-wheeler beneficiary count reduced

[{"selector":"#anim-e6249989-fb48-40b8-a49c-c773e7b714a2","keyframes":{"opacity":[0,1]},"delay":250,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-b80159e3-9d93-4c49-a8ae-bd274de9ac9e","keyframes":{"transform":["translate3d(-177.04918%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":250,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Nearly 50% of electric two-wheelers sold under India's FAME-II scheme had false localization claims.

[{"selector":"#anim-450ded88-2d45-4367-9746-198bd19d1b86 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-34.06090957237278%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":3000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] Government reduced FAME-II beneficiary two-wheelers count from 989,000 to 564,000 after investigation.

[{"selector":"#anim-494ffe7d-c441-47d9-b90c-b14e61066f00","keyframes":{"opacity":[0,1]},"delay":250,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-bc6031aa-768c-4fcd-93e8-5325a9406bd5","keyframes":{"transform":["translate3d(-177.04918%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":250,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Automotive Research Association of India found firms relying on imports for key parts, providing incorrect information.

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[{"selector":"#anim-a7e42405-ca23-4bab-aaca-9c7ee96f0c61 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-34.06090957237278%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":3000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] Subsidies required companies to follow a phased manufacturing plan with gradual increase in local sourcing.

[{"selector":"#anim-e5376085-19f3-4164-8dc1-ce19d7a54780","keyframes":{"opacity":[0,1]},"delay":250,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-c6e8bdf1-efd3-4d04-b31e-eb7b813b03df","keyframes":{"transform":["translate3d(-177.04918%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":250,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Greaves Electric Mobility was found not to follow guidelines and its stock fell 10.3%.

[{"selector":"#anim-d29b7027-048b-4b21-83bc-22865547c124 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-34.06090957237278%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":3000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] Government withheld subsidies worth Rs 1,400 crore but removed these units from the official tally after investigation. Via