production linked incentive Current Affairs, GK & News

Make in India completes 8 years

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. ..

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PLI Scheme for Textiles- Recent update

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 ..

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Cabinet approves Rs 6322 crore PLI scheme for specialty steel

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. ..

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