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Status: Notified; Date of Notification: September 4, 2021; Validity Period: 5 years from the date of notification
In addition to the 3% Interest Subsidy on Working Capital Loan available under NEIDS, 2017 or any subsequent policy from Govt. of India/State Govt., units manufacturing EV or their components will be eligible for additional Interest Subsidy @ 2% on Working Capital Loan.