To enhance India’s manufacturing capabilities, Union Cabinet on Wednesday approved the production linked incentive (PLI) schemes for the auto, auto-component, and drone industries. Briefing media about the Cabinet decision, Union Minister Anurag Thakur said the PLI scheme has a budgetary provision of Rs 26,058 crores – Rs 25,938 crores for the auto sector and Rs 120 crores […]
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Nod to Rs10,900-cr PLI scheme for food processing sector
The government on Wednesday approved a production-linked incentive (PLI) scheme for the food processing sector, entailing an outlay of Rs 10,900 crore. The Union Cabinet, chaired by Prime Minister Narendra Modi, approved the scheme which will help create 2.5 lakh jobs, boost exports and ensure availability of a wider range […]