{"id":29706,"date":"2020-10-08T10:05:14","date_gmt":"2020-10-08T10:05:14","guid":{"rendered":"https:\/\/www.gkseries.com\/blog\/?p=29706"},"modified":"2020-10-08T10:05:14","modified_gmt":"2020-10-08T10:05:14","slug":"meity-approved-16-eligible-applicants-under-the-pli-scheme","status":"publish","type":"post","link":"https:\/\/www.gkseries.com\/blog\/meity-approved-16-eligible-applicants-under-the-pli-scheme\/","title":{"rendered":"MeitY approved 16 eligible applicants under the PLI Scheme"},"content":{"rendered":"\n<p>iPhone maker Apple&#8217;s contract manufacturers Foxconn Hon Hai, Wistron and Pegatron, apart from Samsung and Rising Star and a bunch of home-grown players are among the mobile phone manufacturing firms that have won approvals to do business in India under the PLI (Performance-linked incentives) scheme.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.gkseries.com\/blog\/current-affairs-quiz-2019-daily-gk\/\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Daily Current Affairs Quiz 2020<\/strong><\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Key-Points<\/h2>\n\n\n\n<p>Production Linked Incentive Scheme (PLI) for Large Scale Electronics Manufacturing was notified on 1st April, 2020.<\/p>\n\n\n\n<p>It extends an incentive of 4% to 6% on incremental sales (over base year) of goods under target segments that are manufactured in India to eligible companies, for a period of five years subsequent to the base year (FY2019-20).<\/p>\n\n\n\n<p>Over the next 5 years, the approved companies under the PLI Scheme are expected to lead to total production of more than INR 10.5 lakh crore).<\/p>\n\n\n\n<p>The companies approved under the scheme are expected to promote exports significantly. Out of the total production of INR 10,50,000 crore in the next 5 years, around 60% will be contributed by exports of the order of INR 6,50,000 crore.<\/p>\n\n\n\n<p>The companies approved under the scheme will bring additional investment in electronics manufacturing to the tune of INR 11,000 crore.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>iPhone maker Apple&#8217;s contract manufacturers Foxconn Hon Hai, Wistron and Pegatron, apart from Samsung and Rising Star and a bunch of home-grown players are among the mobile phone manufacturing firms that have won approvals to do business in India under the PLI (Performance-linked incentives) scheme. Daily Current Affairs Quiz 2020 Key-Points Production Linked Incentive Scheme [&hellip;]<\/p>\n","protected":false},"author":404,"featured_media":29707,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[1279],"tags":[82],"class_list":["post-29706","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-current-affairs-october-2020","tag-economy-current-affairs"],"_links":{"self":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/29706","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/users\/404"}],"replies":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/comments?post=29706"}],"version-history":[{"count":1,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/29706\/revisions"}],"predecessor-version":[{"id":29708,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/29706\/revisions\/29708"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/media\/29707"}],"wp:attachment":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/media?parent=29706"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/categories?post=29706"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/tags?post=29706"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}