PLI Scheme for Automobile & Auto Components
On 24th September, 2021, the Government issued Notification regarding Production Linked Incentive (PLI) Scheme for Automobile & Auto components.
The scheme will be effective from financial year 2022-23 for five years and the base year for eligibility criteria would be 2019-20.
Objective
- Prime objectives include overcoming cost disabilities, creating economies of scale and building a robust supply chain in areas of advanced automotive technology products.
Need
- Auto is one of the most important sectors contributing 7.1 per cent to India's GDP.
- The sector has been under stress even before coronavirus hit India, and then subsequently has been hit hard due ....
Do You Want to Read More?
Subscribe Now
Take Annual Subscription and get the following Advantage
The annual members of the Civil Services Chronicle can read the monthly content of the magazine as well as the Chronicle magazine archives.
Readers can study all the material before the last six months of the Civil Services Chronicle monthly issue in the form of Chronicle magazine archives.
Related Content
- 1 Goldilocks Economy
- 2 Dark Factories
- 3 Variable Rate Reverse Repo Auction
- 4 Price Support Scheme (PSS)
- 5 SPREE Scheme
- 6 Banking Industry Public Utility Status Extended for 6 Months
- 7 All-India Electrical Safety Awareness Programme
- 8 Shri Radha Shyam Ratho Committee
- 9 Solar Energy Corporation of India Limited (SECI)
- 10 India’s Transport Infrastructure
- 1 Digital Agriculture
- 2 New Bad Bank in India: Vital Step to Wipe Off NPAs
- 3 Account Aggregator Network- A Financial Data-Sharing System
- 4 Telecom Industry Revival Package
- 5 PLI Scheme for Indian Textile Sector
- 6 SEBI introduces T+1 Settlement System
- 7 India’s First Indigenous High Ash Coal Gasification Plant
- 8 Centre Revises Transport and Marketing Assistance Scheme
- 9 India’s first-ever Euro Green Bond
- 10 GI Tag for Various Products
