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7 Apr 2021

Union Cabinet Approves Production Linked Incentive (PLI) Scheme:Union Minister Piyush Goyal

Latest reports have been coming in from union Minister Piyush Goyal press conference where he had stated that manufacturing of white goods and high frequency solar PV module would be approved under production linked incentive scheme.

As per reports coming in Union Cabinet chaired by PM Narendra Modi has approved Production Linked Incentive (PLI) scheme.

This production linked incentive scheme has been approved for manufacturing of white goods (that is, air-conditioners and LEDs) and high-frequency solar PV modules as per Union Minister Piyush Goyal.

With this decision of the Union Cabinet today, a total of 9 out of 13 PLI schemes have been approved to date.

While the rest of the 4 schemes are in an advanced stage. Together these schemes will give a big push to India's manufacturing sector as per reports coming in from Union Minister Piyush Goyal.

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