Specialty Steel Current Affairs, GK & News

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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‘Specialty Steel’ included under the PLI Scheme

The Union Minister for Steel, Shri Dharmendra Pradhan, said in a written reply in Parliament that the Government has given its approval for inclusion of ‘Specialty Steel’ under the Production Linked Incentive (PLI) Scheme. Highlights For this purpose, a 5-year financial outlay of Rs 6322 Cr has also been approved. This move was taken by ..

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