The duration of the Production Linked Incentive Scheme for Specialty Steel will be how may years?
A. 2 Years
B. 3 Years
C. 4 Years
D. 5 Years
Explanation:
Union Cabinet recently approved the Production Linked Incentive (PLI) Scheme for specialty steel. The duration of the scheme will be five years, from 2023-24 to 2027-28. With a budgetary outlay of Rs 6322 crores, the scheme is expected to bring in investment of approximately Rs 40,000 crores and capacity addition of 25 MT for speciality steel.
