Question

What is the main objective of the Production Linked Incentive (PL

Q: Answer-What is the main objective of the Production Linked Incentive (PLI) Scheme?

The Production Linked Incentive PLI Scheme is designed to promote technological advancements and boost manufacturing in key sectors, strengthening domestic production.

I Scheme?

A To provide direct cash subsidies to businesses

B To promote technological advancements and boost manufacturing in key sectors

C To reduce corporate tax rates for large companies

D To encourage businesses to relocate their headquarters to India

E To impose higher import duties on foreign products

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