New Delhi, April 2 -- The Indian government has tasked the country's top management institute, the Indian Institute of Management, Ahmedabad (IIM-A), to find out why its flagship scheme to promote domestic manufacturing in various sectors has not delivered as expected, and suggest remedial measures.
According to two government officials aware of the development, the study-to be conducted under the aegis of federal think tank NITI Aayog-will examine 14 production-linked incentive (PLI) schemes that have attracted around Rs.2.16 trillion in investments since they were launched during the covid-19 pandemic in 2020.
PLI schemes offer companies incentives linked to incremental domestic production, rewarding them for increasing output over a ...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.