[Jan] production-linked incentive (PLI) scheme

Question 1

Broad objectives?

Answer 1

PLI Scheme is an outcome- and output-oriented scheme where incentives will be paid only if the manufacturers make the goods.

This scheme will give cash incentives for five to seven years and all the sunrise and important sectors are proposed to be covered in this.

The sectors may be automobile, networking products, food processing, advanced chemistry and solar PV manufacturing.

Question 2

Overdependence of India on china,current scenario?

Answer 2

Imports from China is very essential for the mobile phone industry and pharmaceuticals,even today.But scenario is slowly changing