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With reference to the Production-Linked Incentive scheme for Large-Scale Electronics Manufacturing, consider the following statements:
1. The total outlay of Rs 38,645 crores. 
2. It includes manufacturing of mobile phones and manufacturing of specified electronic components.
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?
Most Upvoted Answer
With reference to the Production-Linked Incentive scheme for Large-Sca...
The Empowered Committee headed by CEO, NITI Aayog Parameswaran Iyer approved first ever disbursement of incentive for mobile manufacturing under the large-scale electronics manufacturing’ sector.
  • The Production-Linked Incentive scheme for Large-Scale Electronics Manufacturing is expected to make India a competitive destination for electronics manufacturing.
  • It will also give a boost to Aatmanirbhar Bharat while creating more global champions.
  • Padget Electronics Private Limited, a domestic company, is the first beneficiary approved by the Empowered Committee to receive incentive under mobile manufacturing based on its incremental investment and sales figures.
  • NITI Aayog said, thirty-two beneficiaries had been approved under the PLI scheme for Large-Scale Electronics Manufacturing. Of which five global and five domestic companies were approved for mobile manufacturing.
  • The PLI scheme on Large-Scale Electronic Manufacturing, which includes manufacturing of mobile phones and manufacturing of specified electronic components, was approved in March 2020, with a total outlay of Rs 38,645 crores. 
Hence both statements are correct.
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With reference to the Production-Linked Incentive scheme for Large-Scale Electronics Manufacturing, consider the following statements:1. The total outlay of Rs 38,645 crores.2. It includes manufacturing of mobile phones and manufacturing of specified electronic components.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?
Question Description
With reference to the Production-Linked Incentive scheme for Large-Scale Electronics Manufacturing, consider the following statements:1. The total outlay of Rs 38,645 crores.2. It includes manufacturing of mobile phones and manufacturing of specified electronic components.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 UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about With reference to the Production-Linked Incentive scheme for Large-Scale Electronics Manufacturing, consider the following statements:1. The total outlay of Rs 38,645 crores.2. It includes manufacturing of mobile phones and manufacturing of specified electronic components.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 UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for With reference to the Production-Linked Incentive scheme for Large-Scale Electronics Manufacturing, consider the following statements:1. The total outlay of Rs 38,645 crores.2. It includes manufacturing of mobile phones and manufacturing of specified electronic components.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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