Current Affairs - Economy - Discussion

Discussion Forum : Economy - Latest Current Affairs (Q.No. 894)

2021-09-18 Economy

894.

How much amount has been allocated to the PLI scheme of the Automobile sector by the Union Cabinet?

Rs 46,058 crores

Rs 36,058 crores

Rs 26,058 crores

Rs 16,058 crores

Answer: Option

Explanation:

The Union Cabinet has approved a Production Linked Incentive (PLI) scheme for the automobile sector, with a budgetary allocation of Rs 26,058 crores, to increase the production of components like cars, auto parts, and other related products in India.