Union Cabinet approves production-linked incentives worth Rs 2 lakh cr for 10 sectors

Sectors such as white goods manufacturing, pharmaceutical, specialised steel, auto, telecom, textile, food products, solar photovoltaic and cell battery are to benefit.
Union Cabinet approves production-linked incentives worth Rs 2 lakh cr for 10 sectors
Prakash Javadekar

New Delhi

The Cabinet on Wednesday approved offering Rs 2 lakh crore worth of production-linked incentives to 10 more sectors to boost domestic manufacturing.

Briefing reporters after the Cabinet meeting, Information and Broadcasting Minister Prakash Javadekar said, " production-linked incentives will be offered for sectors such as white goods manufacturing, pharmaceutical, specialised steel, auto, telecom, textile, food products, solar photovoltaic and cell battery."

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