production linked incentive Current Affairs, GK & News
The Indian Government’s Make India initiative has completed eight years. Key facts The government’s flagship initiative has helped 27 sectors to make significant progress, including manufacturing and services sectors. It has doubled the annual foreign direct investment to 83 billion USD. With this, India is expected to attract 100 billion USD in FDI this fiscal. ..
Topics: ‘PM Gati Shakti’ Masterplan • Department for Promotion of Industry & Internal Trade (DPIIT). • digital foreign direct investments • DPIIT • Foreign direct investment • Foreign Direct Investment (FDI) • Make in India • Make in India campaign • Make in India program • National Single Window System • One district one product • One District One Product (ODOP) • One District One Product scheme • production linked incentive • Production Linked Incentive (PLI)
Under the Rs 10,683-crore production-linked incentive (PLI) scheme for the garment and textile sector, the central government of India has given its approval for the financial support of 61 companies. Overview: To receive benefits under this scheme, sixty-seven companies had applied. The total investment expected from the 61 approved applicants is Rs 19,077 crore, with ..
Category: Economy & Banking Current Affairs - 2022
An Rs 6,322-crore production linked incentive (PLI) scheme for specialty steel has been approved by the Union Cabinet. This move is aimed at boosting the domestic exports and manufacturing from this sector. Key Points Incentives worth Rs 6,322 crore will be provided for over five years and this scheme will create over 5,25,000 jobs. ..
Month: Current Affairs - July, 2021
Category: Government Schemes Current Affairs