The duration of the Production Linked Incentive Scheme for Specialty Steel will be how may years?

A)
2 Years
B)
3 Years
C)
4 Years
D)
5 Years

Correct Answer :   5 Years


Union Cabinet recently approved the Production Linked Incentive (PLI) Scheme for specialty steel. The duration of the scheme will be five years, from 2023-24 to 2027-28. With a budgetary outlay of Rs 6322 crores, the scheme is expected to bring in investment of approximately Rs 40,000 crores and capacity addition of 25 MT for speciality steel.

Published On : July 24, 2021