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Govt may upgrade eligibility criteria for automakers under PLI scheme Last year, in November, the Centre announced the PLI scheme to incentivise firms in 10 sectors to drive local manufacturing and improve exports BusinessToday.In | March 16, 2021 | Updated 11:39 IST The department of heavy industry, which oversees the automobile industry, is finalising details of the PLI scheme pertaining to auto sector Government is reportedly considering strict eligibility criteria for automakers to qualify for financial subsidies under the production-linked incentive (PLI) scheme. The new rules are likely to favour the creation of large manufacturing capacities for global standards in the country. The ministry of heavy industries and public enterprises along with the commerce ministry are planning to offer sops on the basis of the incremental increase in export revenues from the base year instead of just total revenue from goods shipped in a given year, according to a report in Livemint. B

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