economics medium True/False

The Production Linked Incentive (PLI) scheme provides financial incentives to companies based on their total historical investments rather than their incremental sales from products manufactured in India.

  1. True
  2. False

Answer: False

The PLI scheme is specifically designed to reward incremental sales from goods manufactured within domestic borders over a defined base year. It aims to boost domestic manufacturing, attract foreign direct investment, and integrate Indian firms into global supply chains by making them globally competitive.

Topic Indian Economy - Industry
Exam Relevance UPSC Prelims, SSC CGL
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