Web4 Aug 2024 · The government is aiming to subsidise creation of up to 50-gigawatthour of battery capacity a year. The annual subsidy outgo on this is estimated to be Rs 700 crore. Zero-duty imports would be allowed for lithium, iron and cobalt to power the advanced cell chemistry in place of the traditional lead batteries. The plan seeks to make the country ... WebSalient Features The Credit Linked Capital Subsidy Scheme (CLCSS) was launched on 1st October, 2000. The Cabinet Committee on Economic Affairs (CCEA) has approved the changes in ceiling of credit from ₹ 40.00 lakhs to ₹ 1.00 crore with the rate of subsidy enhanced from 12% to 15% w.e.f. 29th September, 2005. Scope
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