CURRENT AFFAIRS

2021

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

How much amount of the PLI Scheme has been approved by the Government for telecom equipment and networking product manufacturing?

A	Rs 12, 000 crore
B	Rs 12, 250 crore
C	Rs 12, 195 crore
D	Rs 12, 325 crore

Explanation:

Detailed explanation-1: -The PLI scheme will be implemented with a budget of INR 121.95 billion over a period of five years.

Detailed explanation-2: -2.45 lakh crore and PLI Scheme to generate 44 thousand employments. In a major boost to Prime Minister, Shri Narendra Modi’s vision of Atmanirbhar Bharat, the Ministry of Communications granted approval to 42 companies including 28 MSMEs under PLI Scheme for Telecom and Networking Products.

Detailed explanation-3: -To enhance India’s Manufacturing capabilities and Exports, Union Budget 2021-22 announced the Production Linked Incentive (PLI) scheme for 13 key sectors.

Detailed explanation-4: -With the objective to boost domestic manufacturing, investments and export in the telecom and networking products Department of Telecommunications (DoT) notified the “Production Linked Incentive (PLI) Scheme” on 24th February 2021.

Detailed explanation-5: -The Centre launched the PLI Scheme with an approved outlay of Rs 10, 683 crore to promote the production of MMF apparel, MMF fabrics and Products of Technical Textiles in the country to enable the textiles industry to achieve size and scale and to become competitive.

There is 1 question to complete.