New Delhi.The cabinet meeting was held today to decide on the Auto PLI scheme, in which the Auto PLI scheme has got the approval of the cabinet. According to the news of CNBC AWAAZ, a package of Rs 26 thousand crores has been approved for the companies making auto components. It has been reported by quoting sources that special emphasis has been given to electric vehicles in this scheme.
At the same time, buying in auto stocks was seen from this morning before the cabinet meeting. It was already expected that the PLI scheme of about 26 thousand crores could be approved. Along with this, special emphasis was also expressed on electric vehicles.
Although the formal announcement of the decision taken in the meeting can be done in the press conference to be held today, according to sources, the PLI scheme for the drone sector has also been considered in the meeting, such a possibility is being expressed. It is believed that the PLI scheme for drone manufacturing has been discussed and it is also possible to offer incentives to drone and drone equipment companies.
Apart from the PLI scheme, the cabinet meeting held today has approved the relief package for the telecom sector from the cabinet. According to sources, many telcos have got relief with the moratorium for AGR payment.
Category: India: Politics