Production Linked Incentive (PLI) Current Affairs, GK & News

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 launched for realizing the Prime Minister’s vision of Atma Nirbhar Bharat. This scheme would help ..

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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 for the auto sector seeks to overcome the cost disabilities of the industry for manufacturing ..

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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 creating direct additional employment of more than 7.5 lakh people and several supporting activities. As a ..

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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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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. The scheme is to be implemented between 2021-22 and 2026-27. Categories in the Guidelines The ..

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