PLI Scheme Current Affairs, GK & News

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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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 Battery Storage. About the scheme The approved PLI scheme aims to achieve manufacturing capacity of ..

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Union Cabinet: PLI Scheme for Air Conditioners and LED Lights approved

The Union Cabinet recently approved the Production Linked Scheme for White Goods such as Air conditioners and LED lights. The main objective of the scheme is to make manufacturing in India globally competitive. This is to be achieved by creating economies of scale, removing sectoral disabilities and ensuring efficiencies. The scheme will make India an ..

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Cabinet approves PLI Scheme for IT hardware & pharma sectors

The Union Cabinet has approved the production-linked Incentive scheme for IT Hardware on February 24, 2021. Key Facts The PLI scheme proposes an incentive to boost the domestic manufacturing. It also proposes to attract large investments in value chain of IT Hardware. The proposed scheme includes the target segments like tablets, laptops, all-in-one PCs and servers. Total cost ..

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