Production Linked Incentive (PLI) Scheme for Textiles: Operational guidelines issued
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03 February 2022, Mumbai:
Operational guidelines for the Production Linked Incentive (PLI) Scheme for Textiles were issued on 28th December 2021. The approved outlay of the scheme isRs. 10,683 crore.Empowered Group of Secretaries (EGoS), as constituted and Notified vide gazette No. P 36017/144/2020-
Investment & Promotion dated 10.06.2020 issued by the DPIIT will monitor the implementation of the scheme. The composition of the EGoS for monitoring of PLI for Textiles will be as under:
Cabinet Secretary, Chairperson
- CEO, NITI Aayog, Member
- Secretary, Department for Promotion of Industry and Internal Trade, Member Convenor
- Secretary, Department of Commerce, Member
- Secretary, Department of Revenue, Member
- Secretary, Department of Economic Affairs, Member
- Secretary, Ministry of Textiles
The EGoS chaired by the Cabinet Secretary will monitor the progress of this PLI scheme; undertake periodic review of the outgo under the Scheme; ensure uniformity with other PLIs and take appropriate action to ensure that the expenditure is within the prescribed outlay.
EGoS is also empowered to make any changes in the modalities of the scheme, and address any issue related to genuine hardship that may arise during the course of implementation, within the overall financial outlay of Rs 10,683 crore.The scheme shall be valid upto 2029-30. The gestation period of the scheme is two years i.e. FY: 2022-23 to FY: 2023-2024.
This information was given by the Minister of state for Textiles Smt. DarshanaJardosh in a written reply in the Lok Sabha today.
CREDITS: PBI
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