Incentive Schemes Overview

Introduction of Sector specific Production Linked Incentives (PLI) scheme Objective Improve domestic manufacturing footprint (incentives outlay of USD 26.67 Bn) Incentives WTO Compliant Compatible with the WTO as the quantum of support is not linked to the export Activity profile Flexibility No restriction on availing benefits under other schemes/ State policies Cash subsidy at prescribed % over 5 to 6 years period Both domestic and exports sales eligible for incentives Short application window 2 to 3 months for application post notification 3

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