In a recent development union Cabinet is considering approving the proposal entailing financial support of Rs 9,381 crore in the second phase of the FAME India scheme (FAME II) spanning 5 years to boost adoption of energy-efficient vehicles in the country, reported TOI. Under FAME II, the government is also considering establishing of a venture … Continue reading Indian Govt to setup ₹500 Cr VC fund to finance EV startups