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Yes, Solar panel installation is subisdized under PMSGY. detail

Mono crystalic solar panel is best and long lasting with more efficiency.

There are several way you can earn money in the Renewable Energy Sector, installing net metering system in your roof, installing public ev charging infrustracture.

FAME, or Faster Adoption and Manufacturing of (Hybrid and) Electric vehicles, is currently India’s flagship scheme for promoting electric mobility. It was launched by DHI in 2015. Currently in its 2nd phase of implementation, FAME-II is being implemented for a period of 3 years, eff. 1st April 2019 with a budget allocation of 10,000 Cr which includes a spillover from FAME-I of Rs 366 Cr.

Use this calculator to calculate your savings.

You might feel that purchasing an electric vehicle is costlier than buying a conventional vehicle, but that is only because of the higher upfront cost. Effective cost over lifetime for electric vehicle is still less. The government offers different types of financial incentives to make electric vehicles more affordable for you. The key mechanisms for getting incentives are:

• Purchase Incentives: Direct discount provided to the user on the cost of the electric vehicle
• Coupons: Financial incentive where the amount is reimbursed later
• Interest Subventions: Discount offered on the interest rate while availing loan
• Road tax exemption: Road tax at the time of purchase is waived off
• Registration fee exemption: One time registration fee applicable on new vehicle purchase is waived off
• Income tax benefit: Provided as a deduction on the tax amount payable by an individual to the government
• Scrapping incentives: Provided upon de-registering old Petrol and Diesel Vehicles
• Others: Incentives such as interest-free loans, top-up subsidies, special incentives on electric three-wheelers, etc. can also be availed

To know about the incentives and policies offered by government at both national and state level, click here