production linked incentive scheme
Production Linked Incentive Scheme 2.0 for IT Hardware
The Union Cabinet recently approved the Production Linked Incentive Scheme 2.0 (PLI Scheme) for IT Hardware. The scheme comes with a substantial budgetary outlay of Rs. 17,000 crore, demonstrating the government’s commitment to promoting domestic IT hardware manufacturing. It aims ..
Month: Current Affairs - May, 2023
Category: Government Schemes Current Affairs
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
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 ..
Month: Current Affairs - September, 2021
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 ..
Month: Current Affairs - May, 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
Export of processed food products increase by 27% during April-February 20-21
The exports of processed food products during April-February 2020-21 grew by 26.51%. Their exports amounted to Rs 43,798 crores during this period. Exports of Processed Food Products The major food products exported during 2020-21 were processed vegetables, pulses, processed fruits ..
Month: Current Affairs - April, 2021
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 ..
Month: Current Affairs - April, 2021
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 ..