- Statement 1: The PLI scheme's primary objective is to boost domestic manufacturing and attract investment, including in sectors like mobile manufacturing and electronics. This statement is correct. - Statement 2: The categorization of applicants into specific "global companies" and "domestic companies" categories was characteristic of certain specific PLI schemes like the one for Large Scale Electronics Manufacturing. However, the structure and criteria can vary across the numerous sectors under the broader PLI umbrella. Thus, stating this as a general characteristic of "The scheme" makes it incorrect. - Statement 3: The incentive rates and duration vary significantly across different PLI schemes. For example, the PLI for Large Scale Electronics Manufacturing offered incentives ranging from 6% to 4% over 5 years. The PLI for IT Hardware offers 4% to 2% over 4 years. An average incentive of "around 8% on net incremental sales... for a period of six years" does not accurately reflect the incentive structure of key PLI schemes. Thus, statement 3 is incorrect. - Statement 4: The PLI scheme has been expanded to cover various sectors, including IT Hardware which comprises laptops, tablets, all-in-one PCs, servers, and USFF. This statement is correct as these are included in the target segments of relevant PLI schemes.
Consider the following statements about the Production-Linked Incentive (PLI) scheme: 1. The scheme offers a production-linked incentive to boost domestic manufacturing and attract large investments in mobile manufacturing and specified electronic components. 2. The scheme has two categories of applicants, namely, global companies and domestic companies. 3. The scheme shall extend an average incentive of around 8% on net incremental sales (over base year) of goods manufactured in India and covered under the target segment, to eligible companies, for a period of six years. 4. The target segment under PLI shall include (i) laptops, (ii) tablets, (iii) all-in-one PCs, (iv) servers and (v) Ultra-Small Form Factor (USFF). Which of the above statements are incorrect?
Asked in BPSC Prelims Exam 69th · Topic: Industrial Sector ('Make in India' Initiative and Production Linked Incentive (PLI) Schemes)
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