The Department of Telecommunications (DoT) is set to disburse over Rs 400 crore in incentives in the current fiscal year to 20 companies, including Nokia, Jabil, VVDN, and HFCL, that have met production targets under the telecom gear manufacturing PLI scheme. This marks the second year of the program, and some companies will receive incentives for the first time due to their participation in the amended scheme and increased investments.
ProMetic Life Sciences Inc. (TSE:PLI – Get Free Report) shares shot up 0.2% during trading on Monday . The company traded as high as C$13.72 and last traded at C$13.60. 921 shares were traded during trading, a decline of 88% from the average session volume of 8,002 shares. The stock had previously closed at C$13.57. […]
The Indian government is expected to begin disbursing fiscal incentives under the Production Linked Incentive (PLI) scheme for white goods in the last quarter of this financial year as selected beneficiary firms have commenced production.
Various steps such as inbound shipments of certain goods, production-linked incentive scheme and mandatory quality norms have helped in reducing import of non-essential products. To cut imports, the government has increased customs duty on gold, imposed curbs on inbound shipments of television, levied minimum import price on some goods, introduced National Food Security Mission (Oilseeds and Oil Palm) Scheme, and blending of ethanol in oil.
Various steps such as inbound shipments of certain goods, production-linked incentive scheme and mandatory quality norms have helped in reducing import of non-essential products. To cut imports, the government has increased customs duty on gold, imposed curbs on inbound shipments of television, levied minimum import price on some goods, introduced National Food Security Mission (Oilseeds and Oil Palm) Scheme, and blending of ethanol in oil.