Production-Linked Incentive (PLI) Scheme approved for 10 more sectors

  • IASbaba
  • November 13, 2020
  • 0
UPSC Articles

Production-Linked Incentive (PLI) Scheme approved for 10 more sectors

Part of: GS Prelims and GS-III – Economy

In news

  • The Union Cabinet has given its approval to introduce the Production-Linked Incentive (PLI) Scheme in the following 10 key sectors for Enhancing India’s Manufacturing Capabilities and Enhancing Exports.

Sectors and Implementing Ministry/Department are as follows

  • Advance Chemistry Cell (ACC) Battery: NITI Aayog and Department of Heavy Industries
  • Electronic/Technology Products: Ministry of Electronics and Information Technology
  • Automobiles & Auto Components: Department of Heavy Industries
  • Pharmaceuticals drugs: Department of Pharmaceuticals
  • Telecom & Networking Products: Department of Telecom
  • Textile Products (MMF segment and technical textiles): Ministry of Textiles
  • Food Products: Ministry of Food Processing Industries.
  • High Efficiency Solar PV Modules: Ministry of New and Renewable Energy.
  • White Goods (ACs & LED): Department for Promotion of Industry and Internal Trade.
  • Speciality Steel: Ministry of Steel.

Do you know? 

Notified PLI schemes are already available in the following sectors:

  • Mobile Manufacturing and Specified Electronic Components: MEITY.
  • Critical Key Starting materials/Drug Intermediaries and Active Pharmaceutical Ingredients: Department of Pharmaceuticals.
  • Manufacturing of Medical Devices: Department of Pharmaceuticals

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