MasteryExams
Economics • Indian EconomyEasy

Which scheme was launched by the Government of India to promote indigenous manufacturing and boost the electronics sector through financial incentives on incremental sales?

A. Make in India
B. Production Linked Incentive (PLI) Scheme✓ Correct Answer
C. Digital India Initiative
D. Start-up India Mission

💡 Solution & Explanation

The Production Linked Incentive scheme offers financial incentives on incremental sales of goods manufactured domestically to attract investments and enhance electronics manufacturing competitiveness. Broader programs like Make in India focus on overall manufacturing promotion rather than direct output-based cash incentives. The scheme has significantly boosted mobile phone exports from India.

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