Govt Likely To Approve Projects Under PLI Scheme By September: Report

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SUMMARY

The Centre is likely to hire a project management agency within a month to supervise applications

The PLI scheme has received more than 100 applications for manufacturing various electronics components

The scheme was approved by the union cabinet in March with an outlay of INR 22,919 Cr

The Centre will likely approve projects under the INR 22,919 Cr production-linked incentive (PLI) scheme for electronics components manufacturing by August-September.

An ET report,…



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Govt Likely To Approve Projects Under PLI Scheme By September: Report


SUMMARY

The Centre is likely to hire a project management agency within a month to supervise applications

The PLI scheme has received more than 100 applications for manufacturing various electronics components

The scheme was approved by the union cabinet in March with an outlay of INR 22,919 Cr

The Centre will likely approve projects under the INR 22,919 Cr production-linked incentive (PLI) scheme for electronics components manufacturing by August-September.

An ET report,…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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