Incentive of 6% for first two years for telecom PLI scheme: RS Prasad February 17, 2021 The incentive rates for the Indian government’s Product-Linked Incentive Scheme for telecom and networking products will stand at 6% for the first two years, 5% in the next two years, and 4% for the fifth year. The rates for the first three years are higher by 1% for MSMEs. Union Minister for Electronics & IT and Communications RS Prasad announced the details on Wednesday. The PM Narendra Modi led goverment had announced PLI-scheme in 10 key sectors, including telecom, in November 2020, earmarking Rs 12,195 for the telecom sector. The intention is to increase local manufacturing of 4G/5G and wireless equipment, IoT access devices, and enterprise equipment such as routers and switches.