HomeTechnology

Govt to provide incentive under PLI scheme

Views: 126
0 0
Read Time:1 Minute, 14 Second
Govt to provide incentive under PLI scheme

On September 30, 2021, the Production-Linked Incentive (PLI) plan for drones and drone parts was announced. On July 6, 2022, a preliminary list of 23 PLI grantees was made public. Twelve drone manufacturers and eleven drone component producers are among the winners. The list of producers of drones and drone parts that have been shortlisted is in the annexe.

The following requirements have been established for producers of drones and drone component parts:

1 Micro, Small, and Medium-Sized Enterprises (MSME) and startups must earn Rs 2 crore in annual sales income for drone manufacturers and Rs 50 lakh for drone component makers in order to be eligible.

Advertisements

2 The eligibility standard for non-MSME has been established at Rs. 4 crore of yearly sales income for drone manufacturers and Rs.

3 A minimum of 40% of net sales is required for value addition.

Over the course of three fiscal years beginning in 2021–22, the government would offer an incentive of Rs 120 crore. The incentive for 2021–2022 will be paid out in 2022–2023 following an examination of the beneficiaries’ financial outcomes.

Gen. (Dr) VK Singh (Retd), Minister of State for Civil Aviation, provided this information in a written response to a Rajya Sabha question.

Group Media Publication
Construction, Infrastructure and Mining   
General News Platforms – IHTLive.com
Entertainment News Platforms – https://anyflix.in/
Legal and Laws News Platforms – https://legalmatters.in/
Podcast Platforms – https://anyfm.in/

Happy
Happy
0 %
Sad
Sad
0 %
Excited
Excited
0 %
Sleepy
Sleepy
0 %
Angry
Angry
0 %
Surprise
Surprise
0 %

Average Rating

5 Star
0%
4 Star
0%
3 Star
0%
2 Star
0%
1 Star
0%

Leave a Reply

Your email address will not be published. Required fields are marked *