2023
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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15,000
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16,000
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17,000
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18,000
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Detailed explanation-1: -The Union Cabinet Wednesday cleared a revised production linked incentive (PLI) scheme for IT hardware with an outlay of Rs 17, 000 crore, more than doubling the budget for the scheme that was first cleared in 2021.
Detailed explanation-2: -PLI Scheme 2.0 for IT hardware covers laptops, tablets, all-in-one PCs, servers and ultra small form factor devices. The budgetary outlay of the scheme is Rs. 17, 000 crore. The tenure of this scheme is 6 years.
Detailed explanation-3: -Production Linked Incentive or PLI scheme is a scheme that aims to give companies incentives on incremental sales from products manufactured in domestic units.
Detailed explanation-4: -VVDN is amongst 31 domestic and international companies, which has been granted approval for Telecom and Networking equipment manufacturing under this PLI scheme and has committed to invest Rs. 400 crores in the next 4 years. VVDN was earlier approved under the PLI Scheme for IT Hardware by MeitY in July 2021.