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A recent audit by India’s Comptroller and Auditor General (CAG) has revealed that the country’s flagship electric vehicle incentive program—the Faster Adoption and Manufacturing of Hybrid and Electric Vehicles (FAME) scheme—paid approximately $56 million (₹468 crore) to manufacturers who violated local content rules. The report, released in April 2025, also flagged hundreds of charging stations that were approved but never built, along with systemic weaknesses in monitoring and fund management.
The Union Ministry of Heavy Industries launched FAME-I in April 2015 with an initial budget of ₹795 crore ($95 million), later extended to March 2019 with ₹895 crore. FAME-II followed from April 2019 to March 2024, with a budget of ₹10,000 crore ($1.2 billion), later increased to ₹11,500 crore. The scheme aimed to spur EV adoption through demand incentives, charging infrastructure, R&D, pilot projects,
