Production Linked Incentive (PLI)
Make in India completes 8 years
The Indian Government’s Make India initiative has completed eight years. Key facts The government’s flagship initiative has helped 27 sectors to make significant progress, including manufacturing and services sectors. It has doubled the annual foreign direct investment to 83 billion ..
Month: Current affairs - September, 2022
Category: Economy & Banking Current Affairs • 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
PLI scheme for telecom products launched
Minister of State of Ministry of Communication, Devusinh Chauhan, launched a Production Linked Incentive Scheme (PLI Scheme) for Telecom & Networking Products on October 14, 2021. Why this scheme was launched in telecom sector? PLI Scheme in telecom sector was ..
Month: Current Affairs - October, 2021
PLI scheme for Automobile, components manufacturers
Union Government notified regarding the Production Linked Incentive (PLI) Scheme for Automobile & Auto components on September 23, 2021. Highlights Earlier government had approved the PLI Scheme for Automobile and Auto Component Industry on September 15, 2021. The PLI Scheme ..
Month: Current Affairs - September, 2021
Centre approves ₹10,683 crore PLI scheme for Textile Sector
Central government has approved the production-linked incentive (PLI) scheme of worth Rs 10,683 crore for the textiles sector on September 8, 2021. Key Points This PLI scheme was approved in order to boost domestic manufacturing and exports. Scheme will help in ..
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
Guidelines issued for PLI Scheme for Food Processing Industry
The Government of India recently issued guidelines for the “Production Linked Scheme” of Food Processing Industry. The GoI had earlier approved the PLI Scheme for Food Processing under the “Atma Nirbhar Bharat” with an outlay of 10,900 crores of rupees. ..
Month: Current Affairs - May, 2021
PLI Scheme: Critical Bulk Drugs approved
The Ministry of Chemical and Fertilizers recently approved sixteen applicants under Production Linked Incentive scheme. The approvals will promote domestic manufacturing of drug intermediates and Active Pharmaceutical Ingredients in the country. What is the plan? The approved applicants will set ..