Consider the following statements regarding andlsquo;Production Linked Incentive Scheme for Textilesandrsquo; It is applicable for both man-made fibres and technical textiles Only manufacturing company registered in India will be eligible to participate under the scheme It has a budgetary outlay of 1,00,000 crores over five yearsSelect the correct statement/sa)1 onlyb)1 and 2 onlyc)3 onlyd)2 and 3 onlyCorrect answer is option 'B'. Can you explain this answer?

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Consider the following statements regarding ‘Production Linked Incentive Scheme for Textiles’

It is applicable for both man-made fibres and technical textiles
Only manufacturing company registered in India will be eligible to participate under the scheme
It has a budgetary outlay of 1,00,000 crores over five years

Select the correct statement/s

a)
1 only
b)
1 and 2 only
c)
3 only
d)
2 and 3 only

Correct answer is option 'B'. Can you explain this answer?

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Consider the following statements regarding ‘Production Linked I...

Statement Analysis:
Statement 1
Correct
Government has recently approved the PLI Scheme for Textiles for man-made fibre (MMF) Apparel, MMF Fabrics and Technical Textiles

Statement 2
Correct
Only manufacturing company registered in India will be eligible to participate under the scheme.

Statement 3
Incorrect
The scheme has a budgetary outlay of 10,683 crores with a duration of 5 years i.e. during FY 2025- 26 to FY 2029-30.

Context – Government has approved the PLI Scheme for Textiles

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Consider the following statements regarding ‘Production Linked Incentive Scheme for Textiles’ It is applicable for both man-made fibres and technical textiles Only manufacturing company registered in India will be eligible to participate under the scheme It has a budgetary outlay of 1,00,000 crores over five yearsSelect the correct statement/sa)1 onlyb)1 and 2 onlyc)3 onlyd)2 and 3 onlyCorrect answer is option 'B'. Can you explain this answer?

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