{"id":13138,"date":"2023-07-16T01:44:50","date_gmt":"2023-07-15T20:14:50","guid":{"rendered":"https:\/\/vajiramandravi.com\/current-affairs\/?p=13138"},"modified":"2025-04-02T01:57:12","modified_gmt":"2025-04-01T20:27:12","slug":"production-linked-incentive-scheme-20","status":"publish","type":"post","link":"https:\/\/vajiramandravi.com\/current-affairs\/production-linked-incentive-scheme-20\/","title":{"rendered":"Production Linked Incentive Scheme 2.0"},"content":{"rendered":"<h2><strong>About Production Linked Incentive Scheme 2.0:<\/strong><\/h2>\n<p>&nbsp;<\/p>\n<ul>\n<li>The scheme proposes a <strong>financial incentive to boost domestic manufacturing<\/strong> and attract large investments in the value chain.<\/li>\n<li>The target segments under PLI 2.0 Scheme shall include Laptops, Tablets ,All-in-One PCs and Servers and Ultra Small Form Factor.<\/li>\n<li><strong>Implementation:<\/strong> Companies, both <strong>global and domestic,<\/strong> that meet the eligibility criteria specified in the PLI 2.0 Scheme guidelines will receive support for manufacturing goods in India within the specified target segment.\n<ul>\n<li>The classification of <strong>applicants into the Hybrid<\/strong> (Global\/Domestic) category will be determined by whether the company is domestic or global.<\/li>\n<li>A comprehensive ranking of all applicants will be maintained based on the eligibility criteria outlined in the scheme guidelines.<\/li>\n<li>Subsequently, the selection of applicants in each category\u2014global, hybrid, and domestic\u2014will be based on their ranking and overall PLI projection, subject to the availability of the budget.<\/li>\n<\/ul>\n<\/li>\n<li><strong>Tenure: <\/strong>The incentives provided under the PLI 2.0 Scheme will be <strong>applicable for a period of 6 years<\/strong><\/li>\n<li><strong>Base year:<\/strong> For the calculation of net incremental sales of manufactured goods, the base year <strong>will be the financial year 2022-23.<\/strong><\/li>\n<li><strong>Incentives payout:<\/strong>\n<ul>\n<li>The incentive granted to each company will be <strong>based on the net incremental sales of manufactured goods<\/strong> in the target segment, compared to the base year.<\/li>\n<li>The maximum incentive amounts will be capped at INR 45 billion for global companies, INR 22.50 billion for hybrid (global\/domestic) companies, and INR 5 billion for domestic companies.<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<hr \/>\n<h3>Q1) What is the objective of the Production Linked Incentive Scheme?<\/h3>\n<p>The Production Linked Incentive (PLI) Scheme is an initiative launched by the Government of India to boost manufacturing and attract investments in specific sectors. The scheme aims to enhance India&#8217;s manufacturing capabilities, create job opportunities, and increase exports.<\/p>\n<p><strong>Source:\u00a0<\/strong><a href=\"https:\/\/pib.gov.in\/PressReleasePage.aspx?PRID=1939553\" target=\"_blank\" rel=\"nofollow noopener\"><u>Guidelines for Operationalisation of Production Linked Incentive Scheme 2.0 for IT Hardware approved<\/u><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Production Linked Incentive Scheme 2.0 scheme proposes a financial incentive to boost domestic manufacturing and attract large investments in the value chain.<\/p>\n","protected":false},"author":5,"featured_media":13139,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[],"class_list":{"0":"post-13138","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-upsc-prelims-current-affairs","8":"no-featured-image-padding"},"acf":[],"_links":{"self":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts\/13138","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/comments?post=13138"}],"version-history":[{"count":0,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts\/13138\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/media\/13139"}],"wp:attachment":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/media?parent=13138"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/categories?post=13138"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/tags?post=13138"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}