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As per the review, the government has approved 746 PLI applications till November 2023 and established PLI units in more than 150 districts across 24 states. Moreover, import substitution of 60% has been achieved in the telecom sector and India has become almost self–reliant in Antennae, GPON (Gigabit Passive Optical Network) & CPE (Customer Premises Equipment). ....
Following a proposal for a specific production-linked incentive scheme for battery cells for stationary applications, the government is considering dividing the existing capacity instead of creating multiple PLI schemes for the same product ....
The pari-passu or equal footing method for disbursal of incentives is one where the government releases the funds to successful applicants as and when they invest or achieve certain milestones. ....
Shares of ProMetic Life Sciences Inc. (TSE:PLI – Get Free Report) were up 0.2% during mid-day trading on Monday . The company traded as high as C$13.72 and last traded at C$13.60. Approximately 921 shares traded hands during trading, a decline of 88% from the average daily volume of 8,002 shares. The stock had previously […] ....