PLI Scheme Current Affairs, GK & News

PLI Scheme for Textiles- Recent update

Under the Rs 10,683-crore production-linked incentive (PLI) scheme for the garment and textile sector, the central government of India has given its approval for the financial support of 61 companies. Overview: To receive benefits under this scheme, sixty-seven companies had applied. The total investment expected from the 61 approved applicants is Rs 19,077 crore, with ..

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PLI Scheme for Drone Industry

The production-linked incentive (PLI) scheme for the drone industry was notified by the Ministry of civil aviation in September 2021. About the scheme Under the scheme, manufacturers of drones and drone components will be given an incentive of 20% of the value addition made by them during the next three years. The value addition will ..

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PLI Scheme for White Goods

Production Linked Incentive (PLI) Scheme for White Goods (Air Conditioners and LED Lights) was launched in 2021 with a budgetary outlay of Rs. 6,238 crore. About PLI scheme PLI scheme is aimed at making India’s manufacturing sector globally competitive by creating economies of scale, ensuring efficiencies, and removing disabilities. The benefits of the scheme include ..

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CNG, LNG, 98 other advanced techs included under auto PLI scheme

The Union government added more than 100 advanced technologies, including alternate fuel systems like compressed natural gas (CNG) & Liquified natural gas (LNG) under the production-linked incentive (PLI) scheme for automobiles. Key Facts Now the scheme will also cover Bharat Stage VI compliant flex fuel engines, advanced driver assist system, e-quadricyle and electronic control units ..

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Govt. approves PLI Scheme for auto, auto-components and drone industries

Union Cabinet has approved a Rs. 26058 crore production linked incentive (PLI) scheme on September 15, 2021, for auto, auto-components and drone industries in order to enhance India’s manufacturing capabilities. Highlights PLI scheme will help in incentivising the emergence of global supply chain of advanced automotive technologies in India. Incentives of Rs. 26,058 crores will ..

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Centre approves 14 eligible applicants under PLI for IT hardware

Union Ministry of Electronics and IT (MeitY) has approved 14 applicants under Production Linked Incentive (PLI) Scheme for IT hardware products. Highlights PLI Scheme for IT Hardware provides an incentive of 4% to 2% on net incremental sales over base years of Financial Year 2020. What are those targeted segments? Target segments under the PLI ..

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