Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/a-stitch-in-time-why-the-govt-needs-to-iron-out-the-issues-in-pli-scheme-for-textiles/articleshow/82474956.cmsSynopsis Textile sector has been identified as thrust the sector amongst the selected 13 sectors for which the Production Linked Incentive scheme (PLI) scheme
Category: Budget 2021-2020-2019- 2018
Atmanirbhar Bharat: Why business localisation is a win-win proposition for all–business today
Clipped from: https://www.businesstoday.in/opinion/columns/atmanirbhar-bharat-why-business-localisation-is-a-win-win-proposition-for-all/story/438526.html Localisation has brought in the world’s best-in-class technology, enabled knowledge sharing, tech transfers, and skilling of our people, and brought in value-added products
Why RBI’s G-SAP is a masterstroke – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/why-rbis-g-sap-is-a-master-stroke/article34481980.ece The OMO clone will facilitate govt’s big borrowing plan at a lower cost, by bringing certainty to timing & amount of bond buys
Blind optimism on GDP growth – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/blind-optimism-on-gdp-growth/article34481786.ece The projected 10.5% GDP growth for this year seems far-fetched, as the Covid second wave is bound hit the economy hard The severity,
Hopeful of export potential, Centre unlikely to extend solar after PLI period – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/policy/hopeful-of-export-potential-centre-unlikely-to-extend-solar-after-pli-period/article34481073.ece ‘Nations want to buy from India due to unreliability of Chinese suppliers’ The government is not likely to extend the basic customs duty
Start-ups connect India with novel features in times of coronavirus | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/startups-connect-india-with-talk-to-type-audio-only-in-covid-times-121050400822_1.html Companies such as Chingari and Koo roll out audio-only and talk-to-type features to keep people connected amid the pandemic At a time when
Performance-linked incentives fail to excite solar manufacturing firms | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/performance-linked-incentives-fail-to-excite-solar-manufacturing-firms-121050401398_1.html Domestic manufacturers could end up getting barely 3-5 per cent of the sale value of their solar cells and modules as incentives through
For solar atmanirbharta, rethink duties – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/for-solar-atmanirbharta-rethink-duties/2245864/ A CEEW-CEF analysis shows India can achieve greater self-reliance in solar manufacturing through time-bound application of BCD at much lower rates—around half of
PLI scheme guidelines for food processing don’t have measures to benefit MSMEs, says industry body AIFPA – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/pli-scheme-guidelines-for-food-processing-dont-have-measures-to-benefit-msmes-says-industry-body-aifpa/2245750/ Ease of Doing Business for MSMEs: The Ministry of Food Processing Industries on Monday had issued the PLI guidelines for the food processing
Wistron: Foxconn, Wistron, Dell, 16 other cos apply for investments under PLI scheme for IT hardware – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/cons-products/electronics/foxconn-wistron-dell-16-other-cos-apply-for-investments-under-pli-scheme-for-it-hardware/articleshow/82386724.cmsSynopsis Out of the total production, IT hardware companies have proposed production worth over Rs 1.35 lakh crore, and domestic companies have proposed production
PLI scheme for solar PV modules, BCD a positive for domestic OEMs: ICRA – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/news/pli-scheme-for-solar-pv-modules-bcd-a-positive-for-domestic-oems-icra/article34471778.ece To support 21 GW modules from over 5 years The Ministry of New & Renewable Energy guidelines for the Production-Linked Incentive (PLI) scheme
Food Processing Ministry floats EoI for PLI scheme – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/policy/food-processing-ministry-floats-eoi-for-pli-scheme/article34472819.ece Selected applicants will get sales-based sops after fulfilling fresh investment target The Ministry of Food Processing has floated an expression of interest (EoI)
Govt invites EoI latest by June 17 for Rs 11k-cr food processing PLI scheme – The Financial Express
Clipped from: https://www.financialexpress.com/economy/govt-invites-eoi-latest-by-june-17-for-rs-11k-cr-food-processing-pli-scheme/2245365/ Issuing detailed operational scheme guidelines for its Production Linked Incentive (PLI) scheme, the food processing industries ministry Monday invited an expression of interest
Solar PLI to depend on sales volume, domestic sourcing – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/solar-pli-to-depend-on-sales-volume-domestic-sourcing/article34451170.ece The incentive will be tapered annually over five years, says Ministry The size of the Central government’s production-linked incentive for new solar module
Plants gaining from M-SIPS not eligible for solar PLI scheme – The Financial Express
lipped from: https://www.financialexpress.com/industry/plants-gaining-from-m-sips-not-eligible-for-solar-pli-scheme/2242784/ The MNRE, on Thursday, released the broad guidelines on how PLI scheme can be availed by domestic solar manufacturers. Companies producing more efficient
PLI scheme going under utilised, says Niti Aayog vice chairman – The Financial Express
Clipped from: https://www.financialexpress.com/economy/pli-scheme-going-under-utilised-says-niti-aayog-vice-chairman/2242724/ He stressed that the share of manufacturing in GDP should increase and limiting manufacturing only to small scale would not suffice. The Niti
Why vehicle owners may have no truck with scrappage policy – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/why-vehicle-owners-may-have-no-truck-with-scrappage-policy/article34436641.ece?homepage=true For those with old trucks, the policy’s appeal is limited due to poor cost economics Owners of old trucks might not find it
States need to come on board for success of PLIs: MAIT – The Economic Times
lipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/states-need-to-come-on-board-for-success-of-plis-mait/articleshow/82270561.cmsSynopsis The Manufacturers’ Association of Information Technology (MAIT), whose members include Apple, Dell, Lenovo, Cisco and HP, said single-window clearance system in several states
Defer PLI targets for global, domestic smartphone cos: Industry associations – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/cons-products/electronics/defer-pli-targets-for-smartphone-cos/articleshow/82247086.cms Synopsis–Nine out of ten companies under the PLI scheme for handsets could not meet the year one incremental sales turnover targets in the
Can capital expenditure boost the economy? – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/can-capital-expenditure-boost-the-economy/2240013/ With the current impetus rightly given to capital expenditure, emphasis must also be provided on timely implementation of projects within the earmarked outlay
