2022
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Finance Minister
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Finance Secretary
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Cabinet Secretary
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MeitY Secretary
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Detailed explanation-1: -Empowered Group of Secretaries Constituted to monitor the PLI scheme:to be chaired by the Cabinet Secretary.
Detailed explanation-2: -The composition of the EGoS for monitoring of PLI for Textiles will be as under: Cabinet Secretary, Chairperson. CEO, NITI Aayog, Member.
Detailed explanation-3: -The establishment of the two cells is expected to attract more investments in India. The Cabinet Secretary would serve as the Chairperson of EGoS, with NITI Aayog CEO and Secretaries of other departments as members.
Detailed explanation-4: -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.
Detailed explanation-5: -At least 35 companies, including Reliance Industries, Bombay Dyeing, Welspun Global Brands, Arvind Group, IndoRama Synthetics, and Wellknown Polyesters, have lined up investment plans worth Rs 10,150 crore under the production-linked incentive (PLI) scheme for textiles.