Page-3 of production linked incentive scheme
Project to indigenize Li-ion battery technology for EVs
The IIT Hyderabad incubated start up Pure EV has signed a Memorandum of Understanding with CSIR-Central Electro Chemical Research Institute (CECRI). Under the agreement, the start up and CSIR are to undertake joint research to develop Lithium-Ion Battery technology for ..
Month: Current Affairs - December, 2020
Atma Nirbhar Bharat Rozgar Yojana launched to boost employment
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 ..
Month: Current Affairs - November, 2020
Union Cabinet approves PLI scheme for 10 sectors
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 ..
Month: Current Affairs - November, 2020
Production Linked Incentive (PLI) Scheme
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 ..
Month: Current Affairs - November, 2020
GoI approves 10 PLI projects of Rs 10.5 trillion in electronics manufacturing sector
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 ..
Month: Current Affairs - October, 2020
GoI to launch Rs 25,000 crore plan to cut Chinese Imports
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 ..