Govt may offer â¹1.4L subsidy for each electric car: Report
The government has decided to offer a direct subsidy of â¹1.4 lakh for each electric vehicle, according to reports. The subsidy will reportedly be capped at 20% of the cost of the electric vehicle. The amount may go up to â¹4 lakh for high-end electric cars, some of which are not available in India at present.