Tag: production linked incentive
Micron starts getting funds from Indian govt under semiconductor PLI scheme
The government has initiated a disbursement process for the US-based Micron Technology, as a part of production-linked incentive (PLI) scheme, aimed to promote the semiconductor…
India is doing a factory reset on the jobs scene
Mumbai: Manufacturing is seeing a turnaround in India and the government’s budget boost for factory jobs might just be the catalyst to turn a swell…
PLI expanded to 16 sectors, Budget allocation at Rs 16k cr
New Delhi: The budget expanded the production-linked incentive (PLI) scheme to cover toys and footwear, enhancing the sectoral coverage to 16 while increasing allocations for…
dell: CommMin asks depts to hold consultations with compnies on PLI issues
The commerce and industry ministry has suggested departments, which are implementing their sector-specific production-linked incentive schemes, hold consultations with PLI beneficiary companies to understand their…
Investments via PLI schemes top priority: Nirmala Sitharaman
Finance minister Nirmala Sitharaman on Thursday underlined the government’s priority to incentivise and facilitate investments in India through production-linked incentive (PLI) schemes, which are being…
National Medical Devices Policy: Cabinet approves National Medical Devices Policy
The Union Cabinet has approved the National Medical Devices Policy with an aim to increase domestic production of these devices, thereby reducing the import of…
goyal: Rupee trading soon, ESG group for textiles, handicraft ecomm portal launched: Piyush Goyal
Commerce and industry minister Piyush Goyal on Saturday said that international trade transactions would start in Rupee soon as several banks from different countries are…
india: Govt taking steps to make India USD 5 trn economy ‘at an early date’: FinMin
The government on Tuesday informed the Rajya Sabha that it is taking steps to make India a USD 5 trillion economy earlier than the International…
startups in india: FM Sitharaman asks India Inc to partner with startups, use tech solutions
Finance minister Nirmala Sitharaman on Tuesday asked Indian industry to partner with startups and use their solutions in developing products. She also sought to know…
Budget provides buffer from global challenges: Parameswaran Iyer
The Union Budget 2023 will help provide the needed buffer from global economic challenges with focus on incentivising capex while promoting fiscal discipline and fostering…