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Production Linked Incentive Schemes

  • Posted By
    10Pointer
  • Categories
    Government Schemes
  • Published
    31st Oct, 2020

The chemicals and Fertilizers Ministry has revised the Production Linked Incentive Schemes for promoting domestic manufacturing of bulk drugs and medical devices.

  • The chemicals and Fertilizers Ministry has revised the Production Linked Incentive Schemes for promoting domestic manufacturing of bulk drugs and medical devices.
  • The ‘Minimum Threshold’ investment requirement has been replaced by ‘committed investment’ taking into account availability of technology choices which varies from product to product.
  • The change has been made to encourage efficient use of productive capital.
  • Earlier Production linked schemes by Department of Pharmaceuticals:
    1. Production Linked Incentive scheme for promotion of domestic manufacturing of critical Key Starting Materials, Drug Intermediates and Active Pharmaceutical Ingredients in India;
    2. Production Linked Incentive Scheme for Promoting Domestic Manufacturing of Medical Devices.

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