Schemes Current Affairs November 3rd Week 2020
Category : Schemes
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PLI Scheme Extended to 10 Key Sectors:

Union Cabinet has revealed the Production-Linked Incentive (PLI) Scheme to encourage domestic manufacturing investments in ten key sectors.
♦ PLI centres to support homegrown assembling and cut down on imports by giving money motivators on gradual deals from items made in the nation.
♦ Other than welcoming unfamiliar organizations to set shop in India, the plan means to urge neighbourhood organizations to set up or extend, existing assembling units. 
♦ 10 new areas added. The ten areas have been recognized based on their capability to make occupations and make India confident, which include:
- Advance ChemistryCell (ACC) Battery
- Electronic/Technology Products
- Automobiles& Auto Components
- Pharmaceuticals drugs
- Telecom & Networking Products
- Textile Products: MMF segment and technical textiles
- Food Products
- High-Efficiency Solar PV Modules
- White Goods (ACs & LED)
- Speciality Steel