What's New :

What's New :

Target PT - Prelims Classes 2025. Visit Here

GS Analyst: Daily Current Affairs

1 Mar

2 Mar

3 Mar

4 Mar

6 Mar

7 Mar

8 Mar

9 Mar

10 Mar

11 Mar

13 Mar

14 Mar

15 Mar

16 Mar

17 Mar

18 Mar

20 Mar

21 Mar

22 Mar

23 Mar

24 Mar

25 Mar

27 Mar

28 Mar

29 Mar

30 Mar

31 Mar

7th March 2023

QUIZ - 7th March 2023

5 Questions

5 Minutes

Economy

Context:

The Production-linked Incentive (PLI) scheme has been a game changer for Indian economy which has not only transformed India into a manufacturing hub but has also curtailed its burgeoning trade deficit in electronics and other manufactured

Production linked incentive scheme:

Implemented in sectors: The PLI scheme, launched in March 2020, initially targeted manufacturing mobile phones, electrical components and medical devices, and was later extended to 14 manufacturing sectors.
Boosted electronic manufacturing: The electronics manufacturing attracted a massive investment and its exports have grown rapidly by over 55 per cent annually.
Increase in Expenditure: Capital expenditure allocation has been sharply increased by 33 per cent to a record Rs.10 trillion on the development of rail, road, air, and ocean infrastructure, which would go a long way to make export logistics efficient.

You must be logged in to get greater insights.