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Indian govt to take legal action against EV makers for subsidy misuse: Report

The Indian government is considering taking legal action against three electric vehicle (EV) manufacturers - Hero Electric, Okinawa Autotech, and Benling India - for not repaying subsidies they claimed under the FAME scheme. The Ministry of Heavy Industries aims to recover a total of around Rs 300 crore from the companies. The government may involve investigative agencies such as the Central Bureau of Investigation or the Enforcement Directorate to probe the fraudulent activities. The accused companies have defended their adherence to the FAME scheme guidelines.

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