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Which of the following statements is/are correct with reference to the PLI Scheme for Pharmaceuticals?

Daily Current Affairs Quiz 3 June 2021

Which of the following statements is/are correct with reference to the PLI Scheme for Pharmaceuticals?

A. The approved outlay of the scheme is Rs 15000 crore.

B. The scheme envisages to create global champions out of India.

C. The operational guidelines for the scheme have been prepared and issued on 1st June

D. All of these

Explanation:

The Department of Pharmaceuticals notified the ‘Production Linked Incentive (PLI) Scheme for Pharmaceuticals’ with an aim to enhance India’s manufacturing capabilities by increasing investment and production in the sector and to contribute to product diversification to high value goods in the pharmaceutical sector The approved outlay of the scheme is Rs 15000 crore. The scheme envisages to create global champions out of India who have the potential to grow in size and scale using cutting edge technology and thereby penetrate the global value chains. Based on a series of consultations with pharmaceutical industry and stakeholders in the Government, the operational guidelines for the scheme have been prepared and issued on 1st June.

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