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PRODUCTION LINKED INCENTIVE SCHEME
Cabinet hikes Dearness Allowance by 3% with Rs 10,000 crore allocation; check key announcementsDA hike: The Union Cabinet approved significant development schemes totaling Rs 29,267 crores aimed at various sectors. This includes a Rs ...- 'Copying China's manufacturing model may not pay off': Ashwini Vaishnaw hits back with ‘Cope harder’ remark, cites Rs 3 lakh crore PLI returnsUnion Minister Ashwini Vaishnaw has hit back at criticism of India's mobile phone manufacturing strategy with a blunt “Cope harder” remark....
- Ashwini Vaishnaw says mobile PLI scheme generated Rs 25,000 crore in direct taxes, employs 12 lakh peopleIndia's mobile phone production-linked incentive (PLI) scheme has generated Rs 25,000 crore in direct tax collections against Rs 19,000 cro...
- Satya Nadella owns only a tiny stake in Microsoft; how the CEO built an estimated $1.4 billion fortuneSatya Nadella’s $1.4 billion fortune did not come from owning a large part of Microsoft. The CEO built his wealth mainly through company sh...
- Textile PLI scheme likely to be extended by four years with easier norms for MSMEsThe government plans to extend the PLI scheme for textiles for four years with easier criteria. This initiative aims to increase participat...
- India climate-tech funding may reach USD 1.9 billion in 2026 as growth capital expands: ReportIndia's climate-tech and deep-tech sectors are expected to attract new investments by 2027 due to various factors. The report indicates tha...
- UP Cabinet clears Rs 17,542-cr plan for four link expresswaysThe Uttar Pradesh Cabinet has approved four link expressway projects that will span approximately 322 kilometers. These projects will be de...
- ET Business Growth Summit, Nagpur: Maharashtra minister Jaiswal calls for a rethink of industrial incentives to ease investor stressET Business Growth Summit in Nagpur highlighted land shortages, financing constraints, and rising energy costs as major challenges.
- A missed call for China is a loud wake-up call for desi companiesIndian smartphone brands Lava and Ai+ are gaining market share as Chinese rivals retreat amid soaring memory chip prices and shrinking dema...
- Diversification plan: NMDC scouts for mining assets across four continentsNMDC is actively seeking mining assets worldwide, including critical minerals to support various industries. The company aims to earn 20 pe...
- Link fertiliser subsidies to area & crop productivity: ICRIERIndia is recommended to shift from product-based fertiliser subsidies to direct support for farmers to improve soil health. It involves int...
- Govt sets rules for Rs 84,084-cr offshore oil hunt, will share deepwater drilling riskThe Indian government will implement the Samudra Manthan scheme to encourage deepwater oil and gas exploration. Funding will cover part of ...
- India must shift from rice volume to value, says Food Processing Minister Chirag PaswanIndia has progressed in rice production and is now focusing on value addition and food processing. Food Processing Industries Minister Chir...
- Samsung to boost India phone exports under new incentive schemeThe South Korean electronics giant is considering expanding India production, including making fresh investments, to boost exports from her...
- Micron introduces quarterly employee bonus tied to profitsMicron is implementing a new quarterly bonus scheme for its worldwide employees based on company profits. The bonuses will complement exist...
- Wipro GE HealthCare considering fifth India plant, plans to double exportsWipro GE HealthCare is evaluating options for a new manufacturing facility in India to enhance operations. The company operates four plants...
- Drill, baby, drill: China turns the screws, India looks for own toolsChina’s new export controls on tunnel boring machines (TBMs) have highlighted India’s reliance on overseas suppliers for specialised infras...
- Semiconductor ecosystem: Made in India and designed for IndiaIndia’s competitive advantage will not come from manufacturing at China’s scale or cost. It lies in building customised devices for specifi...
- EPFO’s financial literacy course can help eligible first-time employees get up to Rs 15,000: Check eligibility criteria for PM-VBRY incentiveThe Pradhan Mantri Viksit Bharat Rozgar Yojana supports first-time employees enrolled with EPFO through financial aid of up to Rs 15,000. D...
- Centre extends bid deadline for advanced chemistry cell battery PLI scheme to November 10In a recent announcement, the Ministry of Heavy Industries confirmed the extension of the ACC Production Linked Incentive Scheme deadline t...
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