Department for the promotion of industry and internal trade News

It said that mere assembly of finished goods would not be incentivised and companies investing in basic/core components would get a higher priority. Earlier this month, the government approved a production-linked incentive (PLI) scheme for white goods - Air Conditioners (ACs) and LED Lights - with a budgetary outlay of Rs 6,238 crore. It will be implemented from 2021-22 to 2028-29. The group will be empowered to make any changes in the modalities of the scheme within the overall financial outlay of Rs 6,238 crore.