GOVT WILL EXTEND RS 26,000 CRORE AUTO INCENTIVE SCHEME BY A YEAR
- NEWS Desk Global
- Aug 30, 2023
- 1 min read
The government on Tuesday promised relaxations in the Rs 26,000-crore production-linked incentive (PLI) scheme for the auto sector, and said that it will extend the tenure of the zero-emission technology programme by one more year on demands made by the industry.Heavy industries minister Mahendra Nath Pandey also said that the government will consider the demand of companies selected for the scheme to disburse the PLI incentives on a quarterly basis, against the current plan to make annual payments.
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