production linked incentive scheme: Current Affairs, GK & News - 2020-2021

Atma Nirbhar Bharat Rozgar Yojana launched to boost employment

Published: November 12, 2020

On November 12, 2020, Finance Minister Smt Nirmala Sitharaman announced the fourth economic stimulus package. During the announcement, the Finance Minister introduced the “Atma Nirbhar Bharat Rozgar Yojana”. Atma Nirbhar Bharat Rozgar Yojana The beneficiaries of the scheme include employees in EPFO registered establishments who were on monthly wages less than Rs 15,000. Beneficiaries Atma ..

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Union Cabinet approves PLI scheme for 10 sectors

Published: November 11, 2020

On November 11, 2020, the Union Cabinet chaired by PM Narendra Modi approved Production Linked Incentive Scheme for ten sectors. The schemes are worth of Rs 1.46 lakh crores. The GoI had earlier announced the scheme for pharmaceuticals and electronic products alone. Now, upon being extended the scheme is to return several benefits. Key Highlights ..

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What is PLI scheme? Which 10 sectors are added to the scheme?

Published: November 8, 2020

The Government of India recently announced that it is to expand the PLI (Production Linked Incentive) scheme to more than ten sectors. This includes food processing, leather, textiles, battery manufacturing. The pharmaceuticals (and medical devices) and electronics are already under the scheme. These sectors were suggested by NITI Aayog. The rest four sectors are to ..

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GoI approves 10 PLI projects of Rs 10.5 trillion in electronics manufacturing sector

Published: October 7, 2020

On October 6, 2020, the Government of India approved 16 proposals under two flagship schemes (Make in India and Atma Nirbhar Bharat Abhiyan) in the electronics manufacturing sector. The projects are expected to bring Rs 11,000 crores of investments in the local electronics manufacturing sector. This in turn will increase the production in the sector ..

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GoI to launch Rs 25,000 crore plan to cut Chinese Imports

Published: September 18, 2020

The Government of India is to launch a production linked incentive scheme in order to reduce dependence on Chinese import of chemicals. The scheme will have an outlay of Rs 25,000 crores and is to be implemented over the next five years. Highlights The department of chemicals over a series of recent meeting, has identified ..

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