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Extend PLI scheme to all MSMEs amid Covid-19 pandemic, says NITI Aayog

The recently announced PLI scheme for the telecom sector extended the incentives to MSMEs.

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The Aayog has suggested that the existing PLI schemes may not be amended, but wherever possible, new guidelines will be issued for expanding its scope to medium-sized industries.

Nikunj Ohri New Delhi

3 min read Last Updated : Mar 05 2021 | 6:10 AM IST

Niti Aayog has recommended that the production-linked incentive (PLI) scheme be extended across sectors for medium-sized industries with investment above Rs 100 crore. This, it said, would provide support to micro, small and medium enterprises (MSMEs) battered by the Covid-19 pandemic.

According to a senior government official, the policy think tank of the Government of India has written to various ministries for expanding the PLI scheme for medium-scale industries to make the country self-reliant and lift domestic manufacturing.

To integrate India’s manufacturing ecosystem with global supply chains, the government announced the PLI scheme — that entails providing incentives to firms on incremental

Topics : Coronavirus PLI scheme MSMEs Finance Ministry telecom sector

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