Global Trade Alert
Global Trade Alert

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

Announcement

19 Nov 2018

India has increased the budget for the scheme to support the development of the market for electric and hybrid vehicles.

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

19 Nov 2018

Revocation date:

31 Mar 2019

Last action: 19 Nov 2018
State aid, unspecified
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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