Prime Minister Narendra Modi on Wednesday stated the production-linked incentive scheme for white items (air-conditioners and LED lights) is yet one more initiative that may strengthen the motion to create an “Aatmanirbhar Bharat” (self-reliant India).
Earlier within the day, the Union Cabinet accredited the scheme with a budgetary outlay of Rs 6,238 crore.
The prime goal of the scheme is to make manufacturing in India globally aggressive by eradicating sectoral disabilities, creating economies of scale and guaranteeing efficiencies.
“The Production Linked Incentive Scheme for White Goods (Air Conditioners and LED Lights) is yet another initiative that will strengthen the movement to create an Aatmanirbhar Bharat,” PM Modi wrote on Twitter.
The Production Linked Incentive Scheme for White Goods (Air Conditioners and LED Lights) is yet one more initiative that may strengthen the motion to create an Aatmanirbhar Bharat. #PLIforAatmanirbharBharathttps://t.co/2OVBqp2Tgy
— Narendra Modi (@narendramodi) April 7, 2021
In one other tweet, he stated the Cabinet’s nod to a Rs 4,500-crore production-linked incentive (PLI) scheme to spice up the home manufacturing capability of photo voltaic PV modules will increase capacities within the all-important photo voltaic sector and make India a hub of renewable vitality.