Saturday, November 21, 2020

PLI SCHEME MISSES OUT ON SUPPORTING MSMEs - CIMEI.

Finance Minister Ms.Nirmala Sitharaman recently announced PLI
Scheme to 10 key sectors for enhancing India's manufacturing
capabilities & to enhance exports. Confederation of Indian  MSME
in ESDM & IT (CIMEI) says that PLI scheme need to be redefined
as a strategic plan without de-emphasizing the tactical incentives.

Mr.Sanjeev Keskar,President,CIMEI said that government should look 
into  benefitting MSME's of the Electronic  Industry in 2 ways Viz.
Strategical :i.e enable towards the 100% value addition & force the PLI 
benefitted teams to source locally & Tactical : to allocate atleast 20% of
the outlay allocate to 100% Indian MSME's towards design,manufacture
Prototype & mass production to replace components imported by PLI
benefitted schemes.

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