production linked incentive scheme Current Affairs, GK & News

National Programme on High Efficiency Solar PV Modules

The Union Cabinet recently approved the Production Linked Incentive Scheme called the “National Programme on High Efficiency Solar PV Modules”. PV stands for Photo Voltaic. They are units that convert light energy into electrical energy. National Programme on High Efficiency Solar PV Modules The programme aims to achieve manufacturing capacity in Giga Watt scale in ..

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PLI Scheme for Food Processing Industry: Key Facts

The Union Cabinet has approved a production-linked incentive scheme for the food processing industry with an outlay of Rs 10,900 crore. Key Points The scheme was announced by the Minister for Consumer Affairs, Food and Public Distribution, Piyush Goyal. The scheme is a fitting tribute to farmers and it will be helpful in generating employment ..

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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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Cabinet approved PLI scheme for Telecom Sector

The government of India has approved the Production Linked Incentive (PLI) norms for the telecom sector on February 17, 2021. Key Facts The approval of the PLI scheme was given for telecom and network equipment manufacturing in a bid to boost the local manufacturing of the components. PLI scheme on telecom sector will be effective ..

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‘Specialty Steel’ included under the PLI Scheme

The Union Minister for Steel, Shri Dharmendra Pradhan, said in a written reply in Parliament that the Government has given its approval for inclusion of ‘Specialty Steel’ under the Production Linked Incentive (PLI) Scheme. Highlights For this purpose, a 5-year financial outlay of Rs 6322 Cr has also been approved. This move was taken by ..

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