You are here: Home » Companies » News
SpiceJet appoints Ashish Kumar as CFO, effective from September 9
Business Standard

Govt makes first disbursement under PLI scheme, Delhi firm to get Rs 52 cr

Dixon Technologies getting money after international companies expressed concern about scheme due to delays in disbursement

Topics
PLI scheme | Indian companies | IT ministry

Surajeet Das Gupta  |  New Delhi 



PLI scheme, electronics, smartphone, mobile, manufacturing
The incentive for the first year of the scheme—financial 2021-22 (FY22)--is 6 per cent which is given to companies so that that it can make them more competitive globally by reducing the cost advantage they have against China and Vietnam.

The government has cleared the first disbursement under its production-led incentive (PLI) scheme across sectors, allotting a Delhi-based company about Rs 52 crore for October-December 2021.

TO READ THE FULL STORY, SUBSCRIBE NOW NOW AT JUST RS 249 A MONTH.

SUBSCRIBE TO INSIGHTS

What you get on Business Standard Premium?

  • icon Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • icon Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • icon Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
  • icon Pick your 5 favourite companies, get a daily email with all news updates on them.
  • icon 26 years of website archives.
  • icon Preferential invites to Business Standard events.

OR


Subscribe to Business Standard Premium

Exclusive Stories, Curated Newsletters, 26 years of Archives, E-paper, and more!

Insightful news, sharp views, newsletters, e-paper, and more! Unlock incisive commentary only on Business Standard.

Download the Business Standard App for latest Business News and Market News .

First Published: Fri, September 09 2022. 17:18 IST

RECOMMENDED FOR YOU

.