Page 10 - Pli Scheme

Inadequate planning

PLI schemes are being spread across too many sectors

Govt asks industry to take benefit of PLI, food processing sector schemes

Food Processing Industries Minister Narendra Singh Tomar on Thursday called the industry players to take benefit of the government initiatives, including the production-linked incentive (PLI) scheme. "The government is committed to the development of the food processing sector. The government has taken several initiatives to harness the food and horticulture potential of the country," an official statement quoted Tomar as saying at the northern region food processing summit organised by industry body CII. The government has launched the PLI scheme for the food processing industry, under which Rs 11,000 crore will be spent, he said. Another scheme 'Prime Minister formalization of Micro Food Processing Enterprises (PMFME) has been launched under the Atmanirbhar Bharat Abhiyan to enhance the competitiveness of existing individual micro-enterprises in the unorganised sector. The scheme focuses on supporting groups engaged in agri-food processing such as Farmer Producer Organizations ..

Electronics firm Foxconn, others among 29 register under telecom PLI

The scheme will be effective from April 1, 2021.

Economy likely to see cyclical upturn, says DSP Investment Managers' Sambre

'This may be driven by enhanced government spending in core areas,' says Vinit Sambre, head - equities and fund manager, DSP Investment Managers

Top headlines: E-com flash sale banned; Airtel ties up with Tata for 5G

Business Standard brings you the top headlines on Tuesday

Govt notifies Rs 18,100 cr-PLI scheme to promote ACC battery making

Production linked incentives for manufacturing advanced chemistry cell batteries will be offered only to those firms that have been allocated the production capacity

Rs 6,322-crore steel PLI scheme likely to get Cabinet approval soon

A PLI scheme in specialty steel is expected to boost manufacturing capabilities for value-added steel, increasing exports

Nokia, HFCL among 25 companies register under PLI scheme for telecom sector

Around 25 telecom gear makers -- including Nokia and HFCL -- have applied under the Rs 12,195 crore production linked incentive scheme for the sector, according to official sources.

Opportunities galore in the east

A deeper integration with east Asian economies could be integral to India's economic recovery in the pandemic

Application window for PLI scheme for white goods opens from today

The application window for the Production Linked Incentive (PLI) scheme for white goods - ACs and LEDs - will be open for three months from Tuesday, the Commerce Ministry said on Monday

Application window for PLI scheme for white goods opens from Tuesday

The application window for the PLI scheme for white goods - ACs and LEDs - will be open for three months from Tuesday, the commerce ministry said on Monday. Commerce and Industry Minister Piyush Goyal on Monday held interaction with the industry on the Production Linked Incentive (PLI) scheme on white goods. "The interaction was held to take the feedback on the scheme, the application window for which will be open for three months from tomorrow," it said in a statement. Addressing the captains of the industry, Goyal said the scheme has been introduced to produce national manufacturing champions and it will bring cost-competitiveness, quality, efficiency and technology. The minister said that through PLI, India will leverage its competitive and comparative advantage to stake its claim in global supply chains. Goyal said that the selection of the companies eligible under the scheme will be done in a transparent and time-bound manner. PLI scheme for white goods was notified on April

Best of BS Opinion: Course correction on vaccine, climate of treason & more

Here are the best of Business Standard's opinion pieces for Tuesday

Has India clinched the manufacturing deal?

The scheme to offer cash incentives for local manufacturing of solar equipment as well as batteries may require a few iterations to really click, or it may fly in the first round of bidding itself

DPIIT issues guidelines on Rs 6,236 crore PLI scheme for white goods

The objective of the scheme is to create a complete component ecosystem in India and make the country an integral part of global supply chains

DoT announces guidelines for PLI scheme for telecom, networking equipment

DoT announced operational guidelines for Production Linked Incentive Scheme for telecom and networking equipment, notified on February 24 this year after extensive consultations with stakeholders

PLI scheme for telecom: DoT issues guidelines, caps expenditure on R&D

If a company invests Rs 100 crore, it can account for Rs 5 crore as technology transfer and Rs 15 crore as R&D expenditure.

PLI: DoT sets norms for Rs 12,195-cr telecom gear manufacturing scheme

The registration process for the scheme will begin on Friday and remain open for 30 days till July 3

Govt to notify PLI scheme for auto components, steel, textile: Official

India is pitching itself to be part of this global supply chain by attracting investments in these PLI sectors, says DPIIT official

Top Headlines: Panel wants PLI reform, Google clarifies 'social media role'

A committee headed by Union Cabinet Secretary has suggested a revamp of the production-linked incentive scheme to boost manufacturing.

Cabinet secy-led panel wants PLI scheme revamp to boost manufacturing

Suggests institutional mechanism, regular hand-holding for firms