Synopsis: The Production-Linked Incentive scheme must drive learning to compete, not manufacture. Introduction The Production-Linked Incentive (PLI) scheme has arose fresh interest in investing in domestic manufacturing. The scheme goes together with tariffs, on the finished product and often on the components involved. For example, Mobile phones have over the last three years been subject… Continue reading What is PLI for?
What is the News? The Minister of State for Communications has launched the Production Linked Incentive (PLI) Scheme for Telecom and Networking Products. What is the objective of the PLI Scheme for Telecom and Networking Products? To boost domestic manufacturing in the telecom and networking products by incentivising incremental investments and turnover. To reduce India’s… Continue reading Production Linked Incentive (PLI) Scheme for Promoting Telecom and Networking Products Manufacturing in India
Synopsis: The new PLI scheme will incentivize the industry to move into higher-value-added technologies and thus spur sectoral growth Introduction The Union Cabinet has decided on a major new production-linked incentive (PLI) scheme aimed at reviving and transforming the automotive sector in India. The planned outlay of government funds for the scheme is in excess… Continue reading The PLI plan for our automotive sector can accelerate its success