The Ministry of Heavy Industries (MHI) has launched an investigation into government officials involved in the Rapid Adoption and Manufacturing of (Hybrid and) Electric Vehicles in India Phase-II (FAME-II) subsidy scam.
“The ministry has started an investigation into the subsidy violation case. The procedural deficiencies and the role of the executives that led to the improper disbursement of funds will be investigated,” said Kamran Rizvi, director general of Mitsubishi Heavy Industries. Speaking to reporters on the sidelines of an industry event aimed at promoting manufacturing, he said:
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He further indicated that the investigation would extend to investigating the involvement of Automotive Research Association of India (ARAI) and International Center for Automotive Technology (ICAT) in approving vehicles that were found not to comply with established guidelines. .
The move comes several months after the ministry ordered 13 companies to repay subsidies that were unfairly claimed. Of these, seven automakers – Hero Electric, Okinawa Autotech, Ampere Vehicles (Greaves Cotton), Benrin India, Revolt Intellicorp, Amo Mobility and Lohia Auto – violated the phased manufacturing guidelines. It was discovered that the company was using imported products. These seven of his OEMs have been asked to repay around Rs 469 million.
The remaining four companies – Ola Electric, Ather Energy, TVS and Hero MotoCorp Vida – were found to have violated factory pricing norms and were ordered to repay a total of Rs 288 million to customers. Ta.
All companies that defaulted on factory prices have repaid more than 90 percent of the subsidies they wrongfully charged to their customers. The rest is left with the government.
In the case of location surveys, Ampere Vehicles (Greaves Cotton) and Revolt Intellicorp have already repaid grants to the government.
The ministry is also asking other companies to make refunds by the end of this year, a senior official said on condition of anonymity.