Economics • Indian EconomyEasy
What is the primary purpose of the 'Production Linked Incentive (PLI)' schemes introduced by the Government of India?
A. To boost domestic manufacturing capacity, enhance export competitiveness, and integrate into global supply chains.✓ Correct Answer
B. To provide direct cash transfers to below-poverty-line families for food security.
C. To subsidize agricultural fertilizer costs for marginal farmers.
D. To finance state-level infrastructure projects through zero-interest loans.
💡 Solution & Explanation
Production Linked Incentive schemes provide financial incentives on incremental sales of manufactured goods to strengthen domestic industrial competitiveness and attract global investments. They are designed to boost domestic manufacturing across targeted strategic sectors. Government economic initiatives are crucial for Indian economy questions.
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