Best Actions for 2021 Friday ushered in the new year 2021. After the turbulent journey the stock markets took in 2020, stocks are now expensive as Dalal Street hit new all-time highs. National research and brokerage firm Axis Securities believes the new year will see growth revive. In a recent …
Read More »Policy change: big incentives for big companies, mainly to boost exports
The move will also create economies of scale and make India an integral part of the global supply chain. Signifying a new policy paradigm where global players are unapologetically celebrated and promoted through incentives, the Cabinet on Wednesday approved a production-linked incentive (PLI) scheme for 10 high-potential sectors, including automotive, …
Read More »One day after the government announced a PLI plan, Finance Minister Nirmala Sitharaman will address the media
Finance Minister Nirmala Sitharaman will report to the media at 12:30 pm on Thursday. His speech comes a day after the government approved a Rs 2 lakh crore package of production-linked incentives (PLI) to boost demand in the country. To boost domestic manufacturing in the identified sectors, the Center authorized …
Read More »The center presents PLI to promote national manufacturing in 10 more sectors
Estimated disbursement of ₹ 1.46 crore planned over the next five years. On Wednesday, the government unveiled a production-linked incentive scheme to encourage domestic manufacturing investment in ten more sectors, with an estimated outlay of about Rs 1.46 crore over the next five years. Also read: Apple suppliers can invest …
Read More »Cabinet approves production-linked incentive scheme worth Rs 1.46 crore lakh for 10 sectors
By: Express Web Desk | New Delhi | Updated: November 11, 2020 4:40:25 pm Finance Minister Nirmala Sitharaman briefs the press after the cabinet decisions on Wednesday, November 11, 2020 (screenshot: YouTube / GDP). The Union Cabinet approved today Production-related incentive scheme (PLI) worth up to Rs 1.46 lakh crore …
Read More »Government approves PLI scheme worth ₹ 2 lakh crore for 10 key sectors
The Union Cabinet approved on Wednesday production-related incentives (PLI) worth up to ₹Rs 2 million lakh for 10 manufacturing sectors over the next five years. “This move will enhance India’s manufacturing capabilities,” Union Minister Prakash Javadekar said in announcing the decision. “The scheme will make Indian manufacturers globally competitive, attract …
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