Production Linked Incentive Scheme — Prelims Questions

With reference to the Production Linked Incentive (PLI) Scheme, consider the following statements: 1. PLI incentives are provided upfront to companies before they commence production 2. The scheme covers only domestic companies and excludes foreign direct investment 3. Electronics manufacturing has been the most successful sector under PLI 4. The scheme is designed to comply with WTO production subsidy guidelines

The PLI scheme's incentive structure is based on which of the following principles?

Which of the following sectors was NOT part of the initial PLI scheme launched in 2020?

Consider the following statements about PLI scheme's global context: 1. India's PLI scheme is the largest manufacturing incentive program globally by financial commitment 2. Unlike China's manufacturing incentives, PLI focuses on private sector participation 3. The scheme aims to position India as an alternative to China in global supply chains 4. PLI incentives are higher than similar schemes in Vietnam and Bangladesh

The constitutional basis for PLI scheme primarily derives from: