Prime Minister Narendra Modi-led Union Cabinet, which is scheduled to meet on Wednesday, is likely to take a call on the extension of the FAME scheme, whose second phase comes to an end on March 31.
According to sources, the Ministry of Heavy Industries (MHI) has prepared a note for the Cabinet regarding the extension of the Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles in India (FAME India) Scheme, hinting at a disruption to the burgeoning e-mobility ecosystem in India if there was a break in the implementation of the scheme.
