All exams GA
In one line
Why in News?
The Government of India has selected five companies in the fourth round of the PLI Scheme for White Goods, with a committed investment of βΉ863 crore, to boost domestic manufacturing of Air Conditioners (ACs) and LED lights.
What is the PLI Scheme for White Goods?
- A Central Sector Scheme providing performance-linked financial incentives.
- Incentives are based on incremental sales of domestically manufactured components.
- Objective:
- Reduce import dependence
- Promote domestic value addition
- Strengthen manufacturing ecosystems for white goods
Key Details
- Launched: FY 2021β22
- Implementation period: Till FY 2028β29
- Target sectors:
- Air Conditioners (ACs)
- LED Lights
Nodal & Monitoring Authorities
- Implementing Ministry: Ministry of Commerce and Industry
- Monitoring Authority:Empowered Group of Secretaries (EGoS)
- Chairperson: Cabinet Secretary
Target Segments under the Scheme
1. Air Conditioners
2. LED Lights
Free · NABARD Grade A
Want the free material for this exam?
ARD notes, the monthly current affairs PDF and a descriptive English sample — all free, on WhatsApp.
Get it on WhatsApp — one tap or just leave your number