Production Linked Incentive (PLI) scheme for the Pharmaceutical Sector
The PLI Scheme for Pharmaceuticals is based on the strategy of “Atmanirbhar Bharat- Strategies for enhancing India’s manufacturing capabilities and enhancing exports in ten sectors”, which had been approved by the Union Cabinet on 24.02.2021. The Operational Guidelines for the scheme inviting applications from the pharmaceutical industry were issued on 01.06.2021 by the Department of […]
Process & Procedures for the Export Benefits : RoDTEP and MEIS-SEIS
The following process would be followed for RoDTEP (i) Exporters to register their IEC on ICEGATE with a DSC. (ii) To avail the scheme exporter shall make a claim for RoDTEP in the shipping bill by making a declaration. (iii) Once EGM is filed, claim will be processed by Customs. (iv) Once processed a scroll with all individual Shipping Bills for admissible amount […]
Government has approved Production Linked Incentive (PLI) Scheme for Textiles. With this, India is poised to regain its dominance in Global Textiles Trade
Leveraging Economies of Scale, the scheme will help Indian companies to emerge as Global Champions Help create additional employment of over 7.5 lakh people directly and several lakhs more for supporting activities Scheme will also pave the way for participation of women in large numbers Incentives worth Rs. 10,683 crore will be provided to industry […]
GOVERNMENT ISSUES OPERATIONAL GUIDELINES FOR PLI SCHEME FOR PHARMACEUTICAL INDUSTRY:
The government launched the scheme to encourage the pharmaceutical industry to enhance its manufacturing capabilities, diversify the product mix to complex generics, patented drugs, going up the value chain, bringing investment, and creating global champions out of India. A new PLI scheme was notified by the government on March 3, 2021. The new scheme is […]
SEIS (SERVICE EXPORT FROM INDIA SCHEME)
Services to qualify under foreign trade policy: “Service” Includes all tradable services covered under General Agreement on Trade in services and earning free foreign exchange. The general agreement on trade in service defines services in four modes of supply: Cross border Trade, Consumption aboard, commercial presence, and presence of natural persons. Who is a “Service […]
AATMANIRBHAR BHARAT ROZGAR YOJNA
Pradhanmantri Aatmnirbhar Bharat Rozgar Yojana 2021 – Overview Name of Scheme Pradhanmantri Aatmnirbhar Bharat Rozgar Yojana (PMABRY) in Language आत्मनिर्भर भारत रोजगार योजना Launched by Nirmala Sitharaman Plan duration 2 years Beneficiaries New employees under EPFO Major Benefit Provide Jobs under this Scheme Scheme Objective Providing new employment opportunities Scheme under State Government Name of State […]
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