Production-linked incentive scheme

Topics Covered: Effects of liberalization on the economy, changes in industrial policy and their effects on industrial growth. Production-linked incentive scheme: Context: The Union Cabinet has approved the production-linked incentive scheme for the telecom sector with an outlay of ₹12,195 crore over five years. The implementation scheme will start from April 1, 2021. Significance: The …

What is the production linked incentive scheme for electronics manufacturers?

Topics Covered: Effects of liberalization on the economy, changes in industrial policy and their effects on industrial growth. What is the production linked incentive scheme for electronics manufacturers? Why in News? Global electronics giants such as Samsung, Pegatron, Flex, and Foxconn among others are in final stages of negotiations to benefit from the Ministry of Electronics and Information Technology’s …