Which of the following sector is NOT covered under Production Linked Incentive (PLI) scheme?
Show answer & explanation
Correct answer: B
Explanation
Correct Answer:
Option 2 (Leather Industry)
Explanation:
The main objective of the Government of India's Production Linked Incentive (PLI) scheme is to promote domestic manufacturing and increase exports. Currently, it supports 14 key sectors (such as mobile manufacturing, pharmaceuticals, steel, drones, etc.). Among the options given, the leather industry is not currently included in the 14 key sectors of this scheme.
Additional Facts:
Some of the key sectors under the PLI scheme are: mobile phones and electronics, medical devices, automobiles, solar panels, textiles, and food products.
Budget: The government has allocated a budget of approximately ₹1.97 lakh crore for this scheme.
Objective: To make India an integral part of the global supply chain and create employment opportunities.
Possible Questions for the upcoming exam:
How many key sectors are covered under the PLI scheme?
(Answer: 14 sectors)
The Drone Shakti scheme is part of which larger scheme?
(Answer: PLI scheme)
What is the primary goal of the PLI scheme?
(Answer: Promoting domestic manufacturing and exports)