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Cabinet likely to give approval to Rs 9,381 crore FAME India second phase

Updated : May 14, 2018 09:32 AM IST

The total requirement of the fund is Rs 9,381 crore spanning five years from 2018-19 to 2022-23.
The second phase of the scheme will be restricted to new energy vehicles used for public transport, commercial purposes and high-speed two-wheelers.
About 136 startups related to electric vehicles exist in India.
Cabinet likely to give approval to Rs 9,381 crore FAME India second phase

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