1. PRESENTED BY: AKSHAY RAJ
Business news analysis
On
“Cabinet approves PLI scheme worth Rs.1.46 lakh crore for
10 sectors”
2. Introduction
About the news
Sectors
Objectives
Benefits for India
Multimedia
Future
Conclusion
Reference
CONTENTS
3. PLI Scheme stand for Production linked incentive scheme
New important strategy to improve the economic growth
Promotes domestic production and cut down import bills
Attract foreign investment
Employment opportunity
Self-reliant (To be not depended on foreign countries)
INTRODUCTION
4. Announced by HRD Minister and Finance minister
Applicable for 10 key sectors
It would accelerate foreign country investment
Become a global manufacturing hub
Give incentives on incremental sales
Eligible 4-6% incentives up to 5 years
ABOUT THE NEWS
5. 10 KEY SECTOR WHERE SCHEME WILL BE INTRODUCED
Source :Marketfeed
6. To ensure that more employment opportunities
To provide support the existing domestic companies
To encourage foreign companies set up their production activities
in India
To enhance exports
To boost domestic manufacturing
To become a major player in supply chain
OBJECTIVES
7. Boosting up Indian economy
Don’t want to depend foreign countries
It would make India a global manufacturing hub
Goal to reduce imports
India become a global competitor
Self-sufficient India
BENEFITS FOR INDIA
9. Hence improving the GDP making future economy
Potential to be manufacturing hub for foreign companies
Want to capitalize in exports by introducing this scheme
Expecting a overall growth in the employability
There can be stability in attrition rate due to this scheme
FUTURE
10. Implementation can make an impact on global market
This scheme can boost Indian economy
It is an outcome oriented scheme
Growth of GDP can be witnessed
We can witnessed a low attrition rate after this scheme
This scheme is to boost domestic manufacturer
CONCLUSION