In a race to meet the implementation target of production linked incentive scheme by April 1, 2020, the empowered group of secretaries, headed by Rajiv Gauba, met recently to take stock of the scheme. The EGoS recommended cabinet note on Advanced Chemistry Cell Battery, Telecom & Networking goods, pharmaceutical drugs, technical textiles and automobiles and auto components. The cabinet has already approved an umbrella scheme for 10 sectors in 2020.

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The group of secretaries has suggested that ministries should be careful in the identification of the base year and examination of incremental production and incentive. It has further recommended to bring in a uniform approval process for choosing a beneficiary company under the scheme and mechanisms to ensure that there is no misuse in the determination of incremental production under the scheme.

CNBC-TV18 has learnt that the second round of PLI for Mobiles and components is likely to be launched by January 15th. The total outlay for the mobiles and components is set at Rs 40,951 crore and 1 application for Rs 36,440 crores has already been approved by the government. The government also aims to appraise the 215 application it has received for the bulk drugs under the PLI scheme and it aims to finalise by February this year.

Similarly, it plans to finalise 28 applications received under the PLI scheme for medical devices by the end of January this year. PLI on High-Efficiency solar PV modules, LED & ACs, specialty steel is still under inter-ministerial discussion.

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(Edited by : Abhishek Jha)

First Published:Jan 8, 2021 2:04 PM IST