- The Production Linked Incentive (PLI) scheme is an initiative by the Government of India to boost domestic manufacturing and reduce import bills. It aims to provide incentives to companies on increased sales from products manufactured in domestic units. - The scheme was first launched for three sectors in March 2020 (Large Scale Electronics Manufacturing, critical Key Starting Materials/ Drug Intermediates and APIs, and Manufacturing of Medical Devices). - Subsequently, the scheme was expanded to cover a total of 14 key sectors to create national manufacturing global champions. - The sectors covered include Mobile Manufacturing & Specified Electronic Components, Pharmaceuticals drugs, Textiles (Technical Textiles, Man-Made Fibre segments), Automobiles & Auto Components, Telecommunication & Networking Products, Advanced Chemistry Cell (ACC) Battery, Food Products, High-Efficiency Solar PV Modules, White Goods (ACs and LEDs), Specialty Steel, Medical Devices, Drones and Drone Components, IT Hardware, and Pharma (previously covered, expanded scope). - All the sectors listed in the question (Pharmaceuticals, Electronics, Textiles, Automobiles) are part of the expanded list of sectors covered under the PLI scheme.
The 'Production Linked Incentive (PLI)' scheme was launched to promote domestic manufacturing in various sectors. Which of the following sectors were covered under this scheme? 1. Pharmaceuticals 2. Electronics 3. Textiles 4. Automobiles Select the correct answer using the code given below.
Asked in UPSC Combined Section Officer 2019 20 · Topic: Industrial Sector ('Make in India' Initiative and Production Linked Incentive (PLI) Schemes)
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