MHI to Restructure FAME-II Funding, Proposes 165% Hike in E-2W Allocation

With the restructuring, it is also considering seeking an additional INR 1,500 crore as support from the finance ministry. Fund allotment shall be increased for the two-wheelers and reduced for three wheelers. Similarly, allotment will be slightly higher for four wheelers, but will be less for buses than the present level.

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