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In March 2021, the Union Cabinet approved the extension of the Production-Linked Incentive (PLI) scheme to the food processing sector. Investment of how many rupees has also approved as incentives for domestic manufacturing in the sector?

In March 2021, the Union Cabinet approved the extension of the Production-Linked Incentive (PLI) scheme to the food processing sector. Investment of how many rupees has also approved as incentives for domestic manufacturing in the sector? Correct Answer 10,900

The correct answer is Rs 10,900 crore.

  • The Union Cabinet on 31 March 2021 approved the extension of the Production-Linked Incentive (PLI) scheme to the food processing sector.
  • Investment of Rs 10,900 crore has also approved as incentives for domestic manufacturing in the sector.
  • The allocation was made for the next six years and is expected to see employment generation of more than 2.5 lakh across the country.

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