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With PLI the AC industry poised to create jobs, shape a self-reliant India

With PLI the AC industry poised to create jobs, shape a self-reliant India
indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.

Aatmanirbhar bharatMinistry of commerceProduction linked incentivesNiti aayogFinished goodsஅமைச்சகம் ஆஃப் வர்த்தகம்ப்ரொடக்ஶந் இணைக்கப்பட்டுள்ளது சலுகைகள்நீதி ஆயோக்முடிந்தது பொருட்கள்

Govt approves Rs 18,100 crore PLI scheme for promoting ACC battery manufacturing

Minister Prakash Javadekar told reporters after the Cabinet meeting. The proposal aims to achieve a manufacturing capacity of 50 Gigawatt Hour of ACC and 5 GWh of niche ACC, he said. It will promote green growth and use local products like copper and bauxite to a large extent, he added. New Delhi, May 12 (PTI): The government on Wednesday approved the Production Linked Incentive (PLI) scheme for promoting battery storage at an estimated outlay of Rs 18,100 crore. With the objective to promote the Make in India initiative, National Programme on Advanced Chemistry Cell (ACC) Battery Storage is expected to attract investment of Rs 45,000 crore, Information and Broadcasting Minister Prakash Javadekar told reporters after the Cabinet meeting.

New delhiPrakash javadekarNational programme on advanced chemistry cellProduction linked incentiveNational programmeAdvanced chemistry cellBattery storageBroadcasting minister prakash javadekarPli accLi for cellsProduction linked incentivesPrakash javadekarAdvanced chemistry cellPli schemeபுதியது டெல்ஹிப்ரொடக்ஶந் இணைக்கப்பட்டுள்ளது ஊக்கத்தொகை

MSMEs: Transforming industrial landscape: State incentives may yield long-term economic benefits

Synopsis In India, incentives are made available on two levels - Centre and State. The central government incentives are usually sector-specific and administered by the relevant ministry. Getty Images The momentum generated by these initiatives may trigger the creation of a dynamic business ecosystem and yield long term economic benefits. Industrial growth is regarded as an indicator of a country s development. Government support plays a key role here. On that line, fiscal incentives policies for industries have been a part of the government strategy for years. They seek to incentivize economic growth through industrial investments by offering subsidies (incentives/concessions)in return. Over the years, as the provision of incentives has gained prominence, they have become a significant factor in the investment decision.

Madhya pradeshTamil naduIndia programmeInformation technologyServices taxNational manufacturing policyProduction linked incentivesState goodsCentral governmentமத்யா பிரதேஷ்தமிழ் நாடுஇந்தியா ப்ரோக்ராம்தகவல் தொழில்நுட்பம்சேவைகள் வரிதேசிய உற்பத்தி பாலிஸீப்ரொடக்ஶந் இணைக்கப்பட்டுள்ளது சலுகைகள்

Aluminium — the metal for an Atmanirbhar Bharat - The Hindu BusinessLine

Aluminium the metal for an ‘Atmanirbhar Bharat’ The govt must rectify the pricing anomalies of bauxite to boost local production The primary source for aluminium is bauxite ore, which is processed to produce alumina that is smelted using an electrolysis process to produce pure aluminium metal. Since most of bauxite is found on surfaces of earth, strip mining is possible and the top soil can be replaced for rehabilitation and land returned to its native ecosystem. Usually six-seven tonnes of bauxite produces one tonne of aluminium. Aluminium is the second most-used metal in the world after iron. Starting with consumer electronics, household appliances, cooking utensils, doors and windows, food packaging, foils, cans, office work stations, automotive, transportation, electrical to industrial uses in the form of industrial appliances, aircraft, ships, trains, defence, communication equipment to spacecraft and so on.

Atmanirbhar bharatNational mineral indexNational coal indexMinerals developmentIndia bureau of minesMinerals otherHydro carbons energy minerals concessionHydro carbons energy mineralsConcession rulesIndia bureauNational coalProduction linked incentivesIndian mnaufacturingதேசிய தாது குறியீட்டுதேசிய நிலக்கரி குறியீட்டுதாதுக்கள் வளர்ச்சி

AP moots PLI for e-manufacturing firms - The Hindu BusinessLine

May 04, 2021 New Electronics Policy to promote Electronics Manufacturing Cluster in Kadapa The Andhra Pradesh Cabinet has approved the State’s Electronics Policy for the period 2021-24, with an aim to create a ‘world-class electronics manufacturing infrastructure’ and improve the Ease of Doing Business (EoDB) significantly. Besides dovetailing its own Production Linked Incentives for firms with that of Central schemes, the State would develop a greenfield YSR Electronics Manufacturing Cluster (YSR EMC) at Kopparthy in Kadapa district. Slew of incentives The policy, approved by the Cabinet at Amaravati on Tuesday, offers a host of incentives to reduce the cost of doing business in the State. It pegs creation of at least 39,000 direct jobs in the electronics manufacturing sector. “A majority of new jobs would go to women workers,” the policy says.

Tamil naduAndhra pradeshG jaya lakshiInformation technologyElectronics manufacturing clusterAndhra pradesh cabinetElectronics policyDoing businessProduction linked incentivesManufacturing clusterJaya lakshiPrincipal secretaryதமிழ் நாடுஆந்திரா பிரதேஷ்தகவல் தொழில்நுட்பம்மின்னணுவியல் உற்பத்தி கொத்து