Which of the following statements is/are correct with reference to the Production Linked Incentive (PLI) Scheme for White Goods?
A. The PLI Scheme will be implemented within the overall financial limits of Rs. 6,238 Crores over a period of 5 years during FY 2021-22 to FY 2028-29.
B. An entity availing benefits under any other PLI Scheme of Govt. India will not be eligible under this scheme for the same products.
C. Both A & B
D. None of these
Explanation:
The guidelines for Production Linked Incentive (PLI) scheme has been notified by the Department for Promotion of Industry and Internal Trade (DPIIT) for white goods such as air conditioners and LED lights manufacturers in India worth ₹6238 crore. The PLI Scheme will be implemented within the overall financial limits of Rs. 6,238 Crores over a period of 5 years during FY 2021-22 to FY 2028-29. An entity availing benefits under any other PLI Scheme of Govt. India will not be eligible under this scheme for the same products but the entity may take benefits under other applicable schemes of Govt. of India or schemes of State governments.
