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With electric two-wheeler (E2W) manufacturers agreeing to reimburse consumers for the off-board chargers, the government is planning to release the halted subsidy under the Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles in India (FAME) II to them. Of the Rs 1,110 crore under suspension since the Ministry of Heavy Industries (MHI), Rs 823 crore will be released to four defaulters — Ather Energy, Ola Electric, TVS, and Hero MotoCorp’s Vida. Ola, which will receive Rs 367 crore, is in line to get the highest payout from the MHI. It will be followed by around Rs 275 crore for Ather. TVS is likely to get Rs 153 crore, while the subsidy bill to be settled for Hero MotoCorp will be Rs 28 crore. The remaining Rs 287 crore will be released once the companies submit the details of the requirements.
In ARR method the decision is to accept the project if ARR is more than the minimum expected rate of return
Komaram Bheem, a revolutionary leader in Hyderabad State, belonged to which tribe?
Reliance Jio has bagged how much % in the auction of 4G spectrum which also got the tag of highest bidder?
What is Ghumot?
Which field is associated with the Jnanpith Award, India's highest literary honor?
What is the age limit for the Chief Information Commissioner (CIC)?
Which Indian city is known as 'The Athens of the East'?
What was the GST evasion amount found in the online gaming sector during FY24?
Who is the brand ambassador of Arogya Setu app?
1. This year's Indian Science Congress will be held in: