PLI Scheme
NITI Aayog: Approval of beneficiaries under PLI Scheme
The Empowered Committee headed by NITI Aayog CEO Parameswaran Iyer recently approved the first distribution of incentives for mobile manufacturing. Key Facts This production-linked incentive scheme will give India a competitive position in the field of electronics manufacturing. The plan ..
Month: Current affairs - September, 2022
Category: Government Schemes Current Affairs
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 ..
Month: Current Affairs - April, 2022
Category: Economy & Banking Current Affairs
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 ..
Month: Current Affairs - March, 2022
Category: Government Schemes Current Affairs
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 ..
Month: Current Affairs - March, 2022
Category: Government Schemes Current Affairs
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 ..
Month: Current Affairs - November, 2021
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 ..
Month: Current Affairs - September, 2021
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 ..
Month: Current Affairs - July, 2021
Cabinet approves PLI Scheme for Advanced Chemistry Cell (ACC) Battery Storage
The Union Cabinet recently approved the Production Linked Incentive scheme for Advanced Chemistry Cell Battery Storage. Around Rs 18,100 crores have been allocated to the scheme. This has been done as a part of National Programme on Advanced Chemistry Cell ..
Month: Current Affairs - May, 2021