Q5 · UPSC current affairs · 26 September 2026 · News · Production Linked Incentive Scheme Status DPIIT

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Consider the following statements regarding the Production Linked Incentive (PLI) scheme:1.PLI incentives are paid on incremental sales of goods manufactured in India rather than baseline investment.2.The Ministry of Finance oversees the monitoring and industrial policy implementation of the PLI schemes through DPIIT.Which of the statements given above is/are correct?

A 1 only
B 2 only
C Both 1 and 2
D Neither 1 nor 2

Correct answer: (a) 1 only

Explanation

Statement 1 is correct because PLI payouts are linked directly to incremental sales of domestic output. Statement 2 is incorrect because DPIIT functions under the Ministry of Commerce and Industry, not the Ministry of Finance.

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