01 Aug 2020: PIB Summary & Analysis

August 1st, 2020 PIB:- Download PDF Here

TABLE OF CONTENTS

1. Lokmanya Bal Gangadhar Tilak
2. One Nation One Ration Card
3. Production Linked Incentive (PLI) Scheme

1. Lokmanya Bal Gangadhar Tilak

Context:

Lokmanya Bal Gangadhar Tilak’s 100^th death anniversary.

To know more about freedom fighter Bal Gangadhar Tilak, click on the linked article.

2. One Nation One Ration Card

Context:

Four more States/UTs linked with One Nation One Ration Card scheme.

Details:

• The four states/UTs which joined the scheme are Jammu & Kashmir, Manipur, Nagaland and Uttarakhand.
• This brings the total number of states/UTs under the scheme to 24.
• With this, about 65 crores (80%) of the total NFSA population is now potentially enabled for receiving food grains anywhere in these States/UTs through national portability of ration cards.
• The remaining States/UTs are targeted to be integrated in national portability by March 2021.
• The One Nation One Ration Card scheme aims to ensure the delivery of food security entitlements to all beneficiaries covered under the National Food Security Act, 2013 (NFSA), irrespective of their physical location anywhere in the country, by implementing nation-wide portability of ration cards under the ongoing central sector scheme on ‘Integrated Management of Public Distribution System (IM-PDS)’ in association with all States/UTs.

Read more about the scheme in PIB dated Aug 9, 2019.

3. Production Linked Incentive (PLI) Scheme

Context:

The Electronics and Information Technology Ministry had notified the Production Linked Incentive Scheme (PLI) for Large Scale Electronics Manufacturing in April 2020.

About the PLI Scheme:

• The scheme offers a production linked incentive to boost domestic manufacturing and attract large investments in mobile phone manufacturing and specified electronic components, including Assembly, Testing, Marking and Packaging (ATMP) units.
• The scheme shall extend an incentive of 4% to 6% on incremental sales (over base year) of goods manufactured in India and covered under target segments, to eligible companies, for a period of five years subsequent to the base year as defined.
• The Scheme will be implemented through a Nodal Agency which shall act as a Project Management Agency (PMA) and be responsible for providing secretarial, managerial and implementation support and carrying out other responsibilities as assigned by the Ministry from time to time.
• The target segments include mobile phones and other electronic components such as transistors, diodes, thyristors, resistors, capacitors and nano-electronic components such as micro electromechanical systems.
• According to the scheme, companies that make mobile phones which sell for Rs 15,000 or more will get an incentive of up to 6 per cent on incremental sales of all such mobile phones made in India.
• In the same category, companies which are owned by Indian nationals and make such mobile phones, the incentive has been kept at Rs 200 crore for the next four years.
• The scheme will attract big foreign investment in the sector, while also encouraging domestic mobile phone makers to expand their units and presence in India.
• Who all are eligible?
  • All electronic manufacturing companies which are either Indian or have a registered unit in India will be eligible to apply for the scheme.
  • These companies can either create a new unit or seek incentives for their existing units from one or more locations in India.
• There has been considerable interest expressed in this scheme by the industry.

Read previous PIB here.

August 1st, 2020 PIB:- Download PDF Here