Govt approves production linked incentive for 13 key sectors
The Department for Promotion of Industry & Internal Trade (DPIIT) is coordinating the implementation of all PLI Schemes.
The Department for Promotion of Industry & Internal Trade (DPIIT) is coordinating the implementation of all PLI Schemes.
Centre had announced the PLI Scheme for Specialty Steel with a budgetary outlay of Rs 6,322 crore to boost domestic production of ‘Specialty Steel’ by attracting significant investment. The Scheme would be applicable for five indicative product categories including Coated/Plated Steel Products, High Strength/Wear Resistant Steel, Specialty Rails, Alloy Steel Products and Steel Wires and Electrical Steel.
The Cabinet also decided to extend the viability gap funding scheme to social infrastructure sectors. The scheme is currently available only for projects concerning economic infrastructure.
