The Central Government has notified the Production Linked Incentive (PLI) Scheme for White Goods (Air Conditioners and LED Lights) with an outlay of Rs. 6,238 crore, over a period of 5 years during FY 2021-22 to FY 2028-29. The application window for the Scheme shall be open from 15th June 2021 to 15th September, 2021.
Detailed Scheme Guidelines has been issued by DPIIT for effective operation and smooth implementation of the Scheme. The Scheme is expected to attract global investments, enhance manufacturing and generate large scale employment opportunities.
Eligible Investment made in terms of Scheme guidelines, on April 1, 2021 or thereafter, shall be reckoned for considering the incentive under the Scheme. Companies meeting the pre-qualification criteria for different target segments will be eligible to participate in the Scheme.
Click her for official press release:
Knowledge Source:
RBI Announces Measures to Boost Hotel, Tourism and MSMEs