CSEET · Economic and Business Environment · Business Environment
Which of the following Indian initiatives is primarily aimed at encouraging domestic manufacturing by offering financial incentives linked to incremental sales of products made in India?
The Production Linked Incentive scheme is meant to boost domestic manufacturing. It offers firms financial incentives based on incremental sales of products manufactured in India in chosen sectors. The other options relate to financial inclusion, GST technology infrastructure and digital payments, not manufacturing incentives.
- AProduction Linked Incentive (PLI) schemeCorrect
- BJan Dhan Yojana
- CGoods and Services Tax Network
- DUnified Payments Interface
Explanation
The PLI scheme gives firms incentives on incremental sales of goods manufactured in India in targeted sectors, to build scale and competitiveness. Jan Dhan is about financial inclusion, GSTN is the IT backbone of GST, and UPI is a digital payment system. None of these offers sales-linked manufacturing incentives.
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