Economics · Government Schemes
Under the Production Linked Incentive (PLI) scheme in India, which of the following features correctly describes its design?
- 1It replaces customs duties with direct budgetary transfers.
- 2It provides uniform subsidies across all sectors without performance criteria.
- 3It guarantees interest-free capital loans to selected firms.
- 4Incentives are linked to incremental sales of manufactured goods over a base year.✓
Correct answer
Incentives are linked to incremental sales of manufactured goods over a base year.
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