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India extended PM E-DRIVE electric two-wheeler subsidies to March 31, 2028, raising the scheme's outlay by ₹1,000 crore to ₹11,900 crore. The revised plan earmarks ₹2,767 crore for up to 45.79 lakh vehicles, with incentives at ₹2,500 per kWh capped at ₹5,000 per vehicle.
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