Aparna Lucknow, India 601 Questions 0 Answers 0 Best Answers 678 Points View Profile Aparna Asked: October 11, 20212021-10-11T20:09:02+05:30 2021-10-11T20:09:02+05:30In: Law What is PLI scheme? What is Production Linked Incentive Scheme? current affairsindustrial Share Facebook 1 Answer Recent 0 Questions 518 Answers 176 Best Answers 0 Points View Profile [Deleted User] 2021-10-11T20:17:17+05:30Added an answer on October 11, 2021 at 8:17 pm Context: Government is planning to expand the ambit of Production Linked Incentive Scheme. PLI scheme In order to reduce India’s dependence on China, the government announced a scheme that aims to give companies incentives on incremental sales from products manufactured in domestic units. The sectors covered Initially launched for mobile manufacturing and other electronic components and later expanded to Critical Key Starting materials/Drug Intermediaries and Active Pharmaceutical Ingredients and Manufacturing of Medical Devices Cabinet has approved 10 more sectors. Intended benefi ts of the scheme. Low import dependency Low current account deficit More employment Boost RBI’s forex reserve Stable exchange rate 0 Reply Share Share Share on Facebook Share on Twitter Share on WhatsApp Leave an answerCancel replyYou must login or register to add a new answer. Related Questions What is Pathalgadi? What is Bodo Accord?
Government is planning to expand the ambit of Production Linked Incentive Scheme.
The sectors covered