The central government has taken a key decision for the unemployed. The Center is intensifying efforts to promote productive activities across the country. Part of this is the smart phone and
The central government has taken a key decision for the unemployed. The Center is intensifying efforts to promote productive activities across the country. As part of this, PLI has come up with a scheme to promote the manufacture of smart phones and other electronic devices. Under this, PLI has launched an incentive scheme of Rs 12.195 crore for the manufacture of telecom equipment. The government expects telecom equipment worth Rs 2,44,200 crore to be produced in the next five years under the scheme. The government estimates that this will create 40,000 direct and indirect jobs in the country. This will lead to exports of Rs 1.95 lakh crore. It also gets Rs 17,000 crore in tax revenue. The scheme will enable MSMEs to invest in more than one manufacturing sector in line with sales standards. The government expects the PLI scheme in the telecom sector to bring in about Rs 3,000 crore in the country. Along with this employment will also be generated on a large scale.
Towards accelerating products ..
In fact the government wants to promote these products so that the economy can grow further. Under this the PLI scheme is being promoted. As there are more job opportunities in the manufacturing sector, the government will give full priority to the PLI scheme. The government also expects PLI to invest Rs 3,000 crore in the telecom sector and create large-scale employment. Raising employment in the current situation is the first task before the government. It has announced a major investment in infrastructure for this purpose. The government has already announced financial incentives under the PLI scheme for some sectors. This will lead to better results in the country. The scheme will not only reduce the consumption of goods by Chinese companies but also help to promote domestic manufacturing companies.
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