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Global Trade Alert

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India: Budget increased for the scheme to support the electric/hybrid vehicles market

Description

On 19 November 2018, the Ministry of Heavy Industries and Public Enterprises through S.O. 5806(E) notified that an additional INR 100 crore (~USD 13.97 million*) has been allotted to the FAME India sc...

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Intervention Details

Intervention Type

State aid, unspecified

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

19 Nov 2018

Revocation date

31 Mar 2019

Implementation level

National

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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