Aim to make FAME scheme more transparent: Minister for Heavy Industries

"The ministry is considering every direction (on penalty) but we will take a decision based on the recommendation in the investigation report"

After initiating a probe into the import of components by electric two-wheeler makers following allegations of wrongly claimed subsidies under the FAME scheme, the Ministry of Heavy Industries (MHI) is widening the investigation net to include its own departments, too. Having one of the highest numbers of public sector utilities under its aegis, the MHI is looking to reduce imports and boost domestic manufacturing, says M N Pandey, Minister for Heavy Industries, in an interview with Nitin Kumar. Edited excerpts:

What is the status of the investigation into FAME subsidy defaults in both localisation and ex-factory price? What kind of