RE targets:
The Scheme will comprise the following year wise targets as under:
Financial Year: 2017-18, Target(m2): 20000; Financial Year: 2018-19, Target(m2): 30000; Financial Year: 2019-20, Target(m2): 40000; Total: 90,000.
RE capital subsidy, grant, or rebate:
(ii). Subsidy rate:
a. @ 30% of the bench mark cost or actual cost whichever is less to all beneficiaries in all states. b. @ 60% of the bench mark or actual cost whichever is less to Non-profit making bodies and institutions in special category states, viz., NE states, Sikkim, J&K, Himachal Pradesh, Uttarakhand and islands.
(iii). There will be no upper cap on the subsidy to be provided on CST based systems. The pattern of subsidy as above will be continued for 2 years where after, it will be reduced to 20% and 40% respectively.