Current Affairs · Government Schemes
What is the primary objective of India's Production Linked Incentive (PLI) scheme?
- 1To provide short-term unemployment benefits to workers displaced by automation in the IT sector.
- 2To enhance the exports of traditional Indian clothing in order to completely dominate the global ethnic fashion market.
- 3To target the food industry exclusively to combat global climate change through sustainable organic farming methods.
- 4To boost domestic manufacturing capacity, enhance exports, and attract investments across key sectors by offering financial incentives based on incremental sales.✓
Correct answer
To boost domestic manufacturing capacity, enhance exports, and attract investments across key sectors by offering financial incentives based on incremental sales.
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