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Articles for Pli, search results for govt

Govt to Consider Reintroducing PLI Scheme for Specialty Steel
1 month, 3 weeks ago

Govt to Consider Reintroducing PLI Scheme for Specialty Steel

Live Mint  

The government is considering approving a ₹4,000-crore production linked incentive (PLI) scheme for specialty steel next month to boost the domestic production of the alloy and curb imports. The approval from the empowered group of secretaries (EGoS) will pave the way for the launch of the second phase of the incentive scheme (PLI 2.0). The scheme is expected to offer …

Government Law Economy Steel New Delhi
Chidambaram stings Modi govt on Budget, says ‘copying rewarded in this house’
5 months ago

Chidambaram stings Modi govt on Budget, says ‘copying rewarded in this house’

Hindustan Times  

Senior Congress leader and former finance minister P Chidambaram on Wednesday expressed mixed reactions to the newly proposed Employment-Linked Incentive scheme even as he took a swipe at the government for copying his party's poll manifesto. Union Budget 2024: Top 5 takeaways for salaried persons, job seekers Questioning the government's strategy, Chidambaram expressed scepticism about the Production-Linked Incentive scheme's impact …

Finance India Inflation Budget Congress House Minister
Budget 2024 Expectations Highlights: Will Govt Bring Changes In Old and New Tax Regimes?
5 months ago

Budget 2024 Expectations Highlights: Will Govt Bring Changes In Old and New Tax Regimes?

News 18  

Union Budget 2024 LIVE: Will FM Will Give Affordable Housing Initiatives? home buyers.” Budget 2024 Expectations Live Updates: Demand For Innovation In Renewable Technologies Anmol Singh Jaggi, Chairman and Managing Director, Gensol Engineering, said; “As India’s energy demand rises, boosting the share of renewables is crucial for energy security and sustainability, the upcoming union budget is expected to focus on …

India Energy Tax Medical Devices Economic Growth Manufacturing Renewable Energy
Budget 2024: Will mobile phones become cheaper in India? | Here's what we know
5 months, 1 week ago

Budget 2024: Will mobile phones become cheaper in India? | Here's what we know

India TV News  

Budget 2024: There are high expectations regarding a potential reduction in the price of mobile phones in the upcoming budget. Last year, the central government reduced import taxes on key components, such as camera lenses, to promote mobile phone manufacturing in India. Govt likely to re-implement PLI scheme According to the report, the new NDA government is expected to re-implement …

India Mobile Phones Scheme Pli Budget 2024
Govt. reopens PLI scheme for white goods till October 12
5 months, 2 weeks ago

Govt. reopens PLI scheme for white goods till October 12

The Hindu  

The Government has reopened the application window for the Production linked Incentive scheme for white goods from July 15 to October 12, citing industry appetite to invest more in the scheme originally launched in 2021. The Commerce and Industry Ministry said the fresh window was an “outcome of the growing market and confidence generated due to manufacturing of key components …

Pli Target Segment White Goods
Intent vs Delivery: What this govt promised, what it delivered
10 months, 3 weeks ago

Intent vs Delivery: What this govt promised, what it delivered

Live Mint  

GDP growth Intent: The budget document is vital to understand GDP growth expected for the next year. ₹3.9 trillion: The amount by which the fiscal deficit exceeded the Centre’s tax revenues in 2020-21, the year when covid-19 hit. Capital expenditure Intent: A stated intention of this government, especially post-covid, has been to do ‘good spending’—investments that have a trickle-down effect …

India Welfare Schemes Tax Delivery Covid Scheme Pli
Budget 2024: Govt to focus on Make in India initiative to boost manufacturing
11 months ago

Budget 2024: Govt to focus on Make in India initiative to boost manufacturing

India TV News  

To incentivise the manufacturing sector and generate employment, the government may extend the scope of the Production-Linked Incentive scheme in the upcoming budget. Zameer Malik, CEO of Kulsum's Kaya Kalp, said that the government is expected to continue prioritizing capital expenditure, particularly in the infrastructure sector, to drive economic growth. Gurmit Singh Arora, president of the Indian Plumbing Association, said …

Budget Pti Rs India 2024 Govt
Will never give company-specific incentives in EV sector, govt. official on Tesla's demand
1 year ago

Will never give company-specific incentives in EV sector, govt. official on Tesla's demand

The Hindu  

India will never provide company or enterprise-specific incentives in the electric vehicle sector, a top government official said on Friday, amid a push from American electric carmaker Tesla for special sops to set up its factory in the country. The official added that inter-Ministerial discussions have happened on the customs duty concession demand of the U.S.-based electric car maker Tesla, …

India Tesla Company Incentives Musk Official Electric
Will price of MacBooks increase after October 31 due to govt laptop import ban? It seems likely
1 year, 3 months ago

Will price of MacBooks increase after October 31 due to govt laptop import ban? It seems likely

India Today  

Did you hear something about Indian banning laptop imports with immediate effect? But then seeing how it would have led to a price jump in laptops sold by companies like Apple, Dell, Samsung, Asus, Lenovo and others, the Indian government extended the date for compliance. It became October 31, and in the meantime, the government asked laptop companies to explore …

India Indian Samsung Apple Companies Laptops Laptop
Govt Open To Giving More Time To Global Firms For Local Manufacturing Of Laptops, PCs: Report
1 year, 4 months ago

Govt Open To Giving More Time To Global Firms For Local Manufacturing Of Laptops, PCs: Report

ABP News  

In a bid to encourage Apple, HP, Dell and other global companies, the government is ready to extend the timeline needed to set up local manufacturing facilities in the country, the media has reported. This comes days after the government imposed restrictions on the import of laptops, tablets, servers and other Personal Computers, in an attempt to give a push …

India Local Manufacturing Pli Import Local Manufacturing Laptops Pcs
Govt makes renewed push to boost hardware manufacturing
1 year, 7 months ago

Govt makes renewed push to boost hardware manufacturing

Live Mint  

New Delhi : The Union cabinet on Wednesday approved a six-year production-linked incentive scheme for IT hardware, including laptops, tablets, personal computers, servers and edge computing devices, with an outlay of ₹17,000 crore. Telecom minister Ashwini Vaishnaw said the scheme would attract top hardware companies such as HP, Dell and Apple to India. “We’re confident that the changes made in …

India Manufacturing Indian Electronics Hardware Vaishnaw Pli
Govt. more than doubles outlay on PLI for IT hardware to ₹17,000 crore
1 year, 7 months ago

Govt. more than doubles outlay on PLI for IT hardware to ₹17,000 crore

The Hindu  

The Union Cabinet on Wednesday approved an updated Production Linked Incentive scheme for IT hardware manufacturing, with the total budgetary outlay increased to ₹17,000 crore, Minister of Electronics and Information Technology Ashwini Vaishnaw announced. “This year it crossed a major benchmark in production – $105 billion.” India crossed $11 billion in mobile phone exports, and was now the second-largest mobile …

Vaishnaw Pli It Hardware Total Incentive
Will WTO ruling impact Make-in-India plans?
1 year, 8 months ago

Will WTO ruling impact Make-in-India plans?

Live Mint  

The World Trade Organization has found India’s tariffs on mobile phones and electronic components inconsistent with global norms. If its appellate tribunal now upholds the ruling, it could slow FDI flow into India’s booming electronics sector. Murali Kallummal, professor, Centre for WTO Studies, IIFT, said the panel’s ruling will therefore have no impact on the industry right now as the …

India Ruling Wto Pli Scheme
PLI For Specialty Steel: Govt Gets 79 Applications From 35 Companies, Signs MoU With 27 Firms
1 year, 8 months ago

PLI For Specialty Steel: Govt Gets 79 Applications From 35 Companies, Signs MoU With 27 Firms

News 18  

The application window for financial incentives under the PLI Scheme for Specialty Steel was closed in September 2022 and the government received 79 applications from 35 companies, out of which MoU were signed with 27 selected companies covering 57 applications, said Union Minister Faggan Singh Kulaste. Companies participating in the PLI scheme have committed to an investment of ₹ 29,530 …

Applications Companies Steel Scheme Pli Specialty Signs Mou
Govt focussing on production of high value pharmaceuticals: Mansukh Mandaviya
1 year, 10 months ago

Govt focussing on production of high value pharmaceuticals: Mansukh Mandaviya

The Hindu  

The government is taking steps to produce "high value pharmaceuticals" in the country to reduce import dependency for such critical articles, Union Minister Mansukh Mandaviya said on Tuesday. "Working on the vision of reducing import dependency through indigenous production, the government is focussing on production of high value pharmaceuticals and high-end medical devices," he said. Mr. Mandaviya said the Department …

Pharmaceuticals Crore Scheme Pli Applicants Mandaviya Dop
Union Budget 2023: Govt likely to announce PLI scheme for more sectors to cover high-employment fields
1 year, 11 months ago

Union Budget 2023: Govt likely to announce PLI scheme for more sectors to cover high-employment fields

India TV News  

Budget 2023: In an attempt to expand Production Linked Incentive scheme to cover more high-employment potential sectors, the Union government is likely to extend fiscal incentives for the production of toys, bicycles and leather and footwear in the forthcoming budget. A proposal to extend PLI scheme benefits to different sectors such as toys and leather are at advanced stages of …

Budget Pti Scheme Pli Sectors Union Budget Pli Scheme
Samsung's India unit claims government owes it $110 million. Govt says...
1 year, 11 months ago

Samsung's India unit claims government owes it $110 million. Govt says...

Hindustan Times  

Samsung Electronics Co. is struggling to collect manufacturing incentives it considers it’s owed by India, highlighting the sometimes complicated nature of such government programs. Samsung's India unit claims government owes it $110 million. Read here: Amazon Republic Day Sale: Here are top 6 picks in mobile phones, up to 37% off The smartphone giant’s India unit is seeking just under …

India Samsung Billion Pli
Budget 2023: Local manufacturing likely to get huge boost amid global economic slowdown
1 year, 11 months ago

Budget 2023: Local manufacturing likely to get huge boost amid global economic slowdown

India Today  

The central government is working on a crucial plan to boost India’s GDP growth in FY24 to tackle the impact of the global economic slowdown that is likely to get worse. PLI allocation and incentive boost likely High-impact manufacturing sectors like electronics and IT hardware could get a significant top up in allocation under the PLI scheme, as per people …

India Budget Manufacturing Scheme Pli Allocation Local Manufacturing
Budget 2023 | Govt May Bring Incentive Scheme To Boost Local Chip Manufacturing: Report
1 year, 11 months ago

Budget 2023 | Govt May Bring Incentive Scheme To Boost Local Chip Manufacturing: Report

ABP News  

As the world’s chip shortage problem persists, the central government is likely to incentivise local chip manufacturing. According to a report by the Economic Times, the Ministry of Electronics and IT is working on an incentive scheme, worth around Rs 10,000 crore to Rs 12,000 crore, to promote domestic manufacturing of high-end components that could go into products such as …

India Scheme Pli Chip Incentive Scheme Manufacturing Report
Indian Govt Wants Apple To Make iPads And MacBook In The Country, Plans PLI Boost For Production
1 year, 11 months ago

Indian Govt Wants Apple To Make iPads And MacBook In The Country, Plans PLI Boost For Production

News 18  

The Indian government wants Apple to manufacture iPads and MacBooks in the country, for which it is reportedly mulling an increase in the outlay for production-linked-incentive or PLI that goes into IT hardware manufacturing. As per sources quoted in a TOI report this week, the government has seen the potential of Apple’s production layout thanks to the wide base iPhone …

Indian Apple Pli Ipad Ipads Macbooks Country India
India's Job Crisis Laid Bare By PLI Data: Govt Investment Must Create Employment
2 years, 1 month ago

India's Job Crisis Laid Bare By PLI Data: Govt Investment Must Create Employment

The Quint  

The willingness or the lack of it, of people to invest, using the incentives provided via public or the taxpayer’s money to businesses, comes off as not a healthy barometer of the Indian economy. Consider just the two sectors being pointed out as showing robust growth—pharmaceuticals as the first, here, while the amount of investment is 107% of the target …

Target
Govt approves Nokia, Samsung, 40 others under PLI scheme for telecom products
2 years, 1 month ago

Govt approves Nokia, Samsung, 40 others under PLI scheme for telecom products

Live Mint  

New Delhi: The communications ministry granted approval to 42 companies including Nokia, Samsung, Ericsson’s partner Jabil, Flextronics, Tejas Networks, VVDN and HFCL, under the production linked incentive scheme for telecom and networking products. The Union Budget had announced a design-led PLI scheme for telecom and networking products, to create a robust domestic value chain, which provided an additional incentive of …

Products Scheme Pli Pli Scheme Samsung 40
Govt clears Rs 19,500-cr PLI scheme for solar PV modules
2 years, 3 months ago

Govt clears Rs 19,500-cr PLI scheme for solar PV modules

Deccan Chronicle  

New Delhi: The government on Wednesday approved a Rs 19,500-crore production linked incentive scheme for manufacturing solar photovoltaic modules in order to attract investment in the solar space in the country. Besides, the government also approved modifications in the scheme for semiconductors and display manufacturing eco-system, with uniform fiscal support of 50 per cent of project cost for all technology …

Scheme Solar Pv Modules Manufacturing Solar
Over 22 crore govt job applications in 2014-2022, 7.22 lakh recommended for appointment
2 years, 4 months ago

Over 22 crore govt job applications in 2014-2022, 7.22 lakh recommended for appointment

India Today  

The Lok Sabha was informed by Union Minister of State for Personnel Jitendra Singh that in the period of eight years, covering 2014 to 2022, over 22.05 crore people applied for central government jobs of whom only over 7.22 lakh were recommended for appointment by recruiting agencies. of recruitments 2021-22 1,86,71,121 38,850 2020-21 1,80,01,469 78,555 2019-20 1,78,39,752 1,47,096 2018-19 5,09,36,479 …

India Employment Minister Singh Lakh Scheme Pli