Current Affairs · Government Schemes
Under the Production Linked Incentive (PLI) scheme for White Goods, what incentive is extended to companies manufacturing ACs and LED lights in India?
- 1A flat 20% subsidy on the purchase of all imported electronic raw materials
- 2An incentive of 1% to 3% on total historical revenue for a period of three years
- 3An incentive of 10% to 15% on incremental sales of goods manufactured in India for a period of five years
- 4An incentive of 4% to 6% on incremental sales of goods manufactured in India for a period of five years✓
Correct answer
An incentive of 4% to 6% on incremental sales of goods manufactured in India for a period of five years
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