Employees use sewing machines on a production line at a factory in Tiruppur, Tamil Nadu, India. (Photographer: Dhiraj Singh/Bloomberg)
Cabinet Approves Production-Linked Incentives Worth Rs 2 Lakh Crore For 10 Sectors
The Union Cabinet approved offering Rs 2 lakh crore worth of production-linked incentives to 10 more sectors to boost domestic manufacturing.
Briefing reporters after a meeting of the Cabinet, Information and Broadcasting Minister Prakash Javadekar said production-linked incentives will be offered for sectors such as white goods manufacturing, pharmaceuticals, specialised steel, auto, telecom, textile, food products, solar photovoltic and cell battery.
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Watch the cabinet briefing by Finance Minister Nirmala Sitharaman and Information and Broadcasting Minister Prakash Javadekar:
