Finance minister Nirmala Sitharaman announced that the tenure of the #PLI scheme for large scale #electronics manufacturing had been extended by one year.
https://www.moneycontrol.com/news/business/economy/pli-scheme-for-large-scale-electronics-manufacturing-extended-by-one-year-fm-nirmala-sitharaman-7098281.html?utm_source=telegram&utm_medium=social
https://www.moneycontrol.com/news/business/economy/pli-scheme-for-large-scale-electronics-manufacturing-extended-by-one-year-fm-nirmala-sitharaman-7098281.html?utm_source=telegram&utm_medium=social
Moneycontrol
PLI Scheme For Large Scale Electronics Manufacturing Extended By One Year: FM Nirmala Sitharaman
This scheme was to begin in 2020-21 and continue for a period of five years. Finance Minister Nirmala Sitharaman said that this scheme will now continue till 2025-26.
The value addition to the #economy from India’s #electronics market is only 15% and there is potential to increase this percentage by creating more manufacturing jobs, says #semiconductor veteran Sanjeev Keskar.
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https://www.moneycontrol.com/news/business/semiconductor-push-government-doing-everything-to-bring-india-at-par-with-global-chip-industry-8128561.html?utm_source=telegram&utm_medium=social
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https://www.moneycontrol.com/news/business/semiconductor-push-government-doing-everything-to-bring-india-at-par-with-global-chip-industry-8128561.html?utm_source=telegram&utm_medium=social
Moneycontrol
Semiconductor push: ‘Government doing everything to bring India at par with global chip industry’
The value addition to the economy from India’s electronics market is only 15 percent and there is potential to increase this percentage by creating more manufacturing jobs, says semiconductor veteran Sanjeev Keskar.
Moneycontrol
PLI scheme overhaul plan includes quarterly disbursals, addition of vaccines, chemicals
The government is also mulling bringing new sectors into the fold of the incentive-linked plan such as toys, footwear, chemicals, and vaccines. Apart from this, there are plans to bring in another PLI scheme for electronics.
#Business | 📈 Govt's PLI scheme overhaul: Quarterly disbursals, new sectors like toys, footwear, chemicals, vaccines considered. Electronics sector to get a new PLI scheme. 📄
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https://www.moneycontrol.com/news/business/pli-scheme-overhaul-plan-includes-quarterly-disbursals-addition-of-vaccines-chemicals-12764339.html
#EconomicBoost #PLIScheme #Footwear #Chemicals #Electronics
Click ⤵️ to know all about it!
https://www.moneycontrol.com/news/business/pli-scheme-overhaul-plan-includes-quarterly-disbursals-addition-of-vaccines-chemicals-12764339.html
#EconomicBoost #PLIScheme #Footwear #Chemicals #Electronics