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With reference to the Production Linked Incentive (PLI) Scheme for Telecom and Networking Products, consider the following statements:
1. The Production LinkedIn (PLI) Scheme intends to promote Telecom and Networking Products in India and propose a financial incentive to boost domestic manufacturing.
2. Support under the Scheme will be provided to companies/entities engaged in manufacturing of specified telecom and networking products in India.
Which of the statements given above is/are correct?
- a)1 only
- b)2 only
- c)Both 1 and 2
- d)Neither 1 nor 2
Correct answer is option 'C'. Can you explain this answer?
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With reference to the Production Linked Incentive (PLI) Scheme for Tel...
The Union Cabinet has approved Production Linked Incentive (PLI) Scheme for Telecom and Networking Products with a budgetary outlay of Rs. 12,195 crore.
- The Production Linked Incentive (PLI) Scheme intends to promote the manufacture of Telecom and Networking Products in India and proposes a financial incentive to boost domestic manufacturing and attract investments in the target segments of telecom and networking products in order to encourage Make in India.
- The scheme will also encourage exports of telecom and networking products 'Made in India'.
- Support under the Scheme will be provided to companies/entities engaged in manufacturing of specified telecom and networking products in India.
- Eligibility will be further subject to achievement of a minimum threshold of cumulative incremental investment over a period of four years and incremental sales of manufactured goods net of taxes (as distinct from traded goods) over the Base Year 2019-2020.
- There will be a minimum investment threshold of Rs.10 crore for MSME with incentives from 7% to 4 % and Rs. 100 crore for others with incentives from 6% to 4 % over 5 years above Base Year.
- The applicants with higher investments than specified threshold under MSME and Non-MSME categories will be selected through a transparent process.
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With reference to the Production Linked Incentive (PLI) Scheme for Telecom and Networking Products, consider the following statements:1. The Production LinkedIn (PLI) Scheme intends to promote Telecom and Networking Products in India and propose a financial incentive to boost domestic manufacturing.2. Support under the Scheme will be provided to companies/entities engaged in manufacturing of specified telecom and networking products in India.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer?
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With reference to the Production Linked Incentive (PLI) Scheme for Telecom and Networking Products, consider the following statements:1. The Production LinkedIn (PLI) Scheme intends to promote Telecom and Networking Products in India and propose a financial incentive to boost domestic manufacturing.2. Support under the Scheme will be provided to companies/entities engaged in manufacturing of specified telecom and networking products in India.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer? for Current Affairs 2024 is part of Current Affairs preparation. The Question and answers have been prepared according to the Current Affairs exam syllabus. Information about With reference to the Production Linked Incentive (PLI) Scheme for Telecom and Networking Products, consider the following statements:1. The Production LinkedIn (PLI) Scheme intends to promote Telecom and Networking Products in India and propose a financial incentive to boost domestic manufacturing.2. Support under the Scheme will be provided to companies/entities engaged in manufacturing of specified telecom and networking products in India.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for Current Affairs 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for With reference to the Production Linked Incentive (PLI) Scheme for Telecom and Networking Products, consider the following statements:1. The Production LinkedIn (PLI) Scheme intends to promote Telecom and Networking Products in India and propose a financial incentive to boost domestic manufacturing.2. Support under the Scheme will be provided to companies/entities engaged in manufacturing of specified telecom and networking products in India.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer?.
With reference to the Production Linked Incentive (PLI) Scheme for Telecom and Networking Products, consider the following statements:1. The Production LinkedIn (PLI) Scheme intends to promote Telecom and Networking Products in India and propose a financial incentive to boost domestic manufacturing.2. Support under the Scheme will be provided to companies/entities engaged in manufacturing of specified telecom and networking products in India.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer? for Current Affairs 2024 is part of Current Affairs preparation. The Question and answers have been prepared according to the Current Affairs exam syllabus. Information about With reference to the Production Linked Incentive (PLI) Scheme for Telecom and Networking Products, consider the following statements:1. The Production LinkedIn (PLI) Scheme intends to promote Telecom and Networking Products in India and propose a financial incentive to boost domestic manufacturing.2. Support under the Scheme will be provided to companies/entities engaged in manufacturing of specified telecom and networking products in India.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for Current Affairs 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for With reference to the Production Linked Incentive (PLI) Scheme for Telecom and Networking Products, consider the following statements:1. The Production LinkedIn (PLI) Scheme intends to promote Telecom and Networking Products in India and propose a financial incentive to boost domestic manufacturing.2. Support under the Scheme will be provided to companies/entities engaged in manufacturing of specified telecom and networking products in India.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer?.
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