The Union Cabinet has approved the Central Sector Scheme called ldquo Production Linked Incentive Sc...........

Current GK ( Master) Indian Economy

The Union Cabinet has approved the Central Sector Scheme called “Production Linked Incentive Scheme for Food Processing Industry (PLISFPI)”. What is the outlay of the scheme ?

Rs.10900 crore

Rs.11900 crore

Rs.12900 crore

Rs.13900 crore

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Explanation:

The Union Cabinet has approved the Central Sector Scheme called “Production Linked Incentive Scheme for Food Processing Industry (PLISFPI)” with an outlay of Rs.10900 crore.
Scheme will be implemented over a six year period from 2021-22 to 2026-27.
The Project Management Agency (PMA) shall implement the scheme. PMA will be responsible for appraisal of applications/ proposals, verification of eligibility for support, scrutiny of claims eligible for disbursement of incentive.