Production Linked Incentive Scheme – All You Need To Know
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The Production Linked Incentive Scheme announced recently by the Indian government under the Atmanirbhar Bharat Abhiyan is an important initiative needed for achieving the ambitious goal of becoming a -trillion economy. It covers various sectors that already have a considerable advantage but without realising the full potential.
What is Production Linked Incentive (PLI) scheme?
- On March 2020, Centre had announced the Production Linked Incentive (PLI) scheme for three sectors – mobile manufacturing and specified electronics components, drug intermediates and active pharmaceutical ingredients and medical devices.
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