Production Linked Incentive Schemes
- Posted By
10Pointer
- Categories
Government Schemes
- Published
31st Oct, 2020
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- The chemicals and Fertilizers Ministry has revised the Production Linked Incentive Schemes for promoting domestic manufacturing of bulk drugs and medical devices.
- The ‘Minimum Threshold’ investment requirement has been replaced by ‘committed investment’ taking into account availability of technology choices which varies from product to product.
- The change has been made to encourage efficient use of productive capital.
- Earlier Production linked schemes by Department of Pharmaceuticals:
- Production Linked Incentive scheme for promotion of domestic manufacturing of critical Key Starting Materials, Drug Intermediates and Active Pharmaceutical Ingredients in India;
- Production Linked Incentive Scheme for Promoting Domestic Manufacturing of Medical Devices.
