IMPLEMENTATION LEVEL

National

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

all

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 30 Dec 2015 | Removal date: 29 Mar 2020
Still in force

Financial grant

On 30 December 2015, the Indian Cabinet Committee on Economic Affairs approved an increased budget of INR 5000 crore (~USD 751 millions) for the Grid Connected Rooftop Solar Systems programme under the National Solar Mission . The budget, which earlier was capped at INR 600 crore (~USD 90 millions) for the 12th five year plan, ending in March 2017, has been increased to INR 1750 crore (~USD 263 millions) for this period, while a budget of INR 3250 crore (~USD 488 millions) has been approved to be utilized for the period 2017-18 to 2019-20.
 
Under the programme, a capital subsidy of 30%-70% is provided on solar systems. Moreover, the guidelines state that only indigenously manfactured PV modules can be used in these solar systems, thereby subsidizing local manufacturing.
 
* INR to USD conversion at the rate of INR 66.53/USD

AFFECTED COUNTRIES

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AFFECTED SECTORS AND PRODUCTS

471 Electronic valves & tubes; electronic components; parts
8541 Diodes, transistors and similar semiconductor devices; photosensitive semiconductor devices, including photovoltaic cells whether or not assembled in modules or made up into panels; light emitting diodes; mounted piezoelectric crystals.
854110 Diodes, other than photosensitive or light emitting diodes
854121 With a dissipation rate of less than 1 W
854129 Other
854130 Thyristors, diacs and triacs, other than photosensitive devices
854140 Photosensitive semiconductor devices, including photovoltaic cells whether or not assembled in modules or made up into panels; light emitting diodes
854150 Other semiconductor devices
854160 Mounted piezoelectric crystals
854190 Parts

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