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Production Linked Incentive extension
January 5 , 2024
316 days
436
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- The Ministry of Heavy Industries extend the Production Linked Incentive (PLI) Scheme for Automobile and Auto Components by one year with "partial amendments".
- It aims to provide clarity and flexibility to the scheme.
- The incentive will be applicable for a total of five consecutive financial years, starting from the financial year 2023-24.
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