{"id":115210,"date":"2021-06-28T19:14:53","date_gmt":"2021-06-28T13:44:53","guid":{"rendered":"https:\/\/blog.forumias.com\/?page_id=115210"},"modified":"2021-06-28T19:14:53","modified_gmt":"2021-06-28T13:44:53","slug":"production-linked-incentive-pli-schemes","status":"publish","type":"page","link":"https:\/\/forumias.com\/blog\/production-linked-incentive-pli-schemes\/","title":{"rendered":"Production-linked incentive (PLI) schemes"},"content":{"rendered":"<p><span data-contrast=\"auto\">About:\u00a0PLI scheme offers incentives on incremental sales for products manufactured in India\u00a0for 13 identified sectors announced in Budget 2021-22.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">Aim: To boost domestic manufacturing under the government\u2019s Atma-nirbhar\u00a0Bharat initiative.\u00a0It focuses\u00a0on reducing import bills and improving the cost competitiveness of local goods. PLI scheme offers incentives on incremental sales for products manufactured in India.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">Objective:\u00a01) Target specific product areas; 2) Introduce non-tariff measures in order to compete more effectively with cheap imports; 3) Blend domestic and export sales to make manufacturing competitive and sustainable; and 4) Promote manufacturing at home while encouraging investment from within and outside India.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>About:\u00a0PLI scheme offers incentives on incremental sales for products manufactured in India\u00a0for 13 identified sectors announced in Budget 2021-22.\u00a0 Aim: To boost domestic manufacturing under the government\u2019s Atma-nirbhar\u00a0Bharat initiative.\u00a0It focuses\u00a0on reducing import bills and improving the cost competitiveness of local goods. PLI scheme offers incentives on incremental sales for products manufactured in India.\u00a0 Objective:\u00a01) Target&hellip; <a class=\"more-link\" href=\"https:\/\/forumias.com\/blog\/production-linked-incentive-pli-schemes\/\">Continue reading <span class=\"screen-reader-text\">Production-linked incentive (PLI) schemes<\/span><\/a><\/p>\n","protected":false},"author":61,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"class_list":["post-115210","page","type-page","status-publish","hentry","entry"],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/pages\/115210","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/users\/61"}],"replies":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/comments?post=115210"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/pages\/115210\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=115210"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}