Government planning to end subsidy for private electric cars, says report
Updated : June 22, 2018 03:00 PM IST
The new FAME Phase 2 draft policy drawn up by the heavy industries ministry has proposed the removal of existing incentives.
The government will now give cash subsidies to electric vehicles used by shared-mobility operators such as Ola and Uber.
At present government offers a discount of up to Rs 1.3 lakh on an electric car as part of its clean-energy programme.