#5MinRead #MainsFire #PT2021
Production Linked incentive scheme 2020
(Part 01/02)
- Introduced in April 2020
- It is a part of National Policy on Electronics
- It proposes a financial incentive to boost domestic manufacturing and attract large investments in the electronics value chain including mobile phones, electronic components etc.
Features:
- incentive of 4% to 6% on incremental sales for companies
- 2019-20 as the base year for calculation of incentives.
- Applicable to target segments namely mobile phones and specified electronic components.
- Applications for a period of 4 months initially which may be extended.
- Nodal Agency which shall act as a Project Management Agency (PMA)
Production Linked incentive scheme 2020
(Part 01/02)
- Introduced in April 2020
- It is a part of National Policy on Electronics
- It proposes a financial incentive to boost domestic manufacturing and attract large investments in the electronics value chain including mobile phones, electronic components etc.
Features:
- incentive of 4% to 6% on incremental sales for companies
- 2019-20 as the base year for calculation of incentives.
- Applicable to target segments namely mobile phones and specified electronic components.
- Applications for a period of 4 months initially which may be extended.
- Nodal Agency which shall act as a Project Management Agency (PMA)
#5MinRead #MainsFire #PT2021
Production Linked incentive scheme 2020
(Part 02/02)
Merits:
- Rise in faster production of mobile phones in domestic economy.
- India as a global hub for Electronics System Design and Manufacturing (ESDM)
- Generate employment
- Will strengthen the infrastructure, -increases skill development and provide domestic supply chain.
- Create an enabling environment for the industry to compete globally.
Conclusion:
This scheme will help in strengthening the Make in India project of Indian government.
Production Linked incentive scheme 2020
(Part 02/02)
Merits:
- Rise in faster production of mobile phones in domestic economy.
- India as a global hub for Electronics System Design and Manufacturing (ESDM)
- Generate employment
- Will strengthen the infrastructure, -increases skill development and provide domestic supply chain.
- Create an enabling environment for the industry to compete globally.
Conclusion:
This scheme will help in strengthening the Make in India project of Indian government.
#MainsExamples #MainsFire
VAIBHAV Summit
The Vaishwik Bharatiya Vaigyanik (VAIBHAV) Summit is a global virtual summit of overseas and resident Indian researchers and Academicians.
VAIBHAV Summit
The Vaishwik Bharatiya Vaigyanik (VAIBHAV) Summit is a global virtual summit of overseas and resident Indian researchers and Academicians.
#MainsFire
IMP Mains2020
(Intensive Mentorship Program)
Day 01 -Qs (Indian Society)
Q 1 "Gender equality is the key to achieve inclusive growth in India”. Discuss.
Q 2 To what extent has globalisation influenced the core of cultural diversity in India? Explain.
Q 3 "All major legal initiatives addressing the discrimination against Scheduled Castes have been an epic failure." Critically examine.
IMP Mains2020
(Intensive Mentorship Program)
Day 01 -Qs (Indian Society)
Q 1 "Gender equality is the key to achieve inclusive growth in India”. Discuss.
Q 2 To what extent has globalisation influenced the core of cultural diversity in India? Explain.
Q 3 "All major legal initiatives addressing the discrimination against Scheduled Castes have been an epic failure." Critically examine.