PLI for textiles: Centre considering for 'Flexible Timelines Approch'

04 December 2021,  Mumbai:

Aim is to ensure beneficiaries don’t miss out on incentives owing to genuine delays.

The Textile Ministry is considering the option of providing certain flexibilities to investors under the ₹10,683-crore production linked incentive (PLI) scheme for the man-made fibre (MMF) and technical textiles sectors to help them meet the strict timelines for achieving the mandatory prescribed minimum annual turnover.

The idea is to ensure that the industry does not miss out on incentives due to genuine problems

Business Line (The news article has not been edited by DFU Publications staff)

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