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NITI Aayog declares EV incentives with Fame II Subsidy

Government think-tank Niti Aayog has said the govt should provide incentives on electric vehicle (EV) purchase over and above the prevailing subsidy under the Faster Adoption and Manufacturing of Hybrid and EV (FAME-II) scheme. The Niti Aayog in its established order analysis of electrical mobility in India also said the government should include EVs and…