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PLI Scheme: Over Rs 1,500 crore left in kitty, telecom PLI 2.0 in works, ET Telecom

PLI Scheme: As per officials, 20 companies have met the targets for FY23, including Nokia, Jabil, Sanmina, HFCL, VVDN, Coral and Tejas Networks. The government is likely to provide incentives to the tune of Rs400 crore to the firms for meeting sales targets. ....

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Silvercorp and OreCorp Enter into Amending Agreement

Silvercorp and OreCorp Enter into Amending Agreement
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telecom PLI 2.0: Over ₹1.5kcr left in kitty, telecom PLI 2.0 in works

The Department of Telecommunications (DoT) had notified the PLI scheme for telecom and networking products in February 2021 with an outlay of ₹12,195 crore. A total of 31 companies were given approval on October 14, 2021 for the scheme, which offers incentives in the range of 4% to 7% for different categories and years. For MSMEs, a 1% higher incentive is proposed in year 1, year 2 and year 3. ....

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Planning applications in Watford, Three Rivers, Hertsmere and Dacorum

A proposal to improve a prison facility is among the planning applications submitted to Watford, Three Rivers, Hertsmere and Dacorum councils. ....

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37 militants of 2 outfits lay down arms in Manipur

A “homecoming” ceremony was held at the banquet hall of the 1st Battalion Manipur Rifles, wherein the militant cadres surrendered their weapons to Manipur Chief Minister N Biren Singh. ....

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