New Delhi (NVI): The government is working towards notifying 10 new Production-Linked Incentive (PLI) Schemes by April 2021, said Guruprasad Mohapatra, Secretary, Department for Promotion of Industry and Internal Trade (DPIIT).
Addressing the virtual panel discussion on ‘Inspired India’ with Secretaries, at FICCI’s 93rd Annual General Convention, Dr Mohapatra said that PLI Scheme introduced for the mobile will be a gamechanger and will push the electronic manufacturing as well.
“The government has already launched the PLI Scheme in the medical devices and API sector,” he added.
He further said that DPIIT is also working to introduce a single window for investors, which will be connected with various ministers along with their IT systems.
Emphasizing the compliance burden, Mohapatra said that the government’s highest priority is to reduce the compliance burden and simplify the procedures that business must follow in certain sectors.
Tarun Bajaj, Secretary, Economic Affairs, Ministry of Finance said that the government’s focus is on the economy. “We are going to see an improved economic condition in the coming year,” he added.
Speaking on the new PSE policy, Bajaj said that there has been some delay in the policy, and it is because we want to create more ambition in the policy. “The policy will be very ambitious, more than what is anticipated. This will bring a paradigm change in the way we think and do things in the government. The implementation will also come along with it,” he added.
-CHK
