INSUBCONTINENT EXCLUSIVE:
The government had earlier rolled out a PLI scheme for electronics and for active pharma ingredients.The Union Cabinet has approved
Minister Prakash Javadekar said while briefing reporters after a meeting of the Cabinet.Production-linked incentives will be offered for
sectors such as white goods manufacturing, pharmaceutical, specialised steel, auto, telecom, textile, food products, solar photovoltic and
cell battery.Niti Aayog Vice Chairman Rajiv Kumar had announced last month that the government would introduce production-linked incentive
drugs and medical devices.The PLI initiative is a part of the government's plan to support domestic manufacturing and convert India into an
attractive and alternate manufacturing destination.Meanwhile, according to sources in the Finance ministry, another round of stimulus is
give a push to growth with productivity-linked schemes.
