The government’s ambitious subsidy scheme to promote electric vehicles, FAME, is being dragged by controversies. The subsidies to some makers of electric two-wheelers have been held back on charges of flouting the conditions of local value addition. Some others have been accused of under-pricing the vehicles to make them eligible for subsidies. Now the government says it is planning to recover subsidies from Hero Electric and Okinawa after a probe concluded the two companies violated the provisions of the FAME India scheme, ET has reported.
