homeeconomy News

India working on production linked incentives for 4 5 sectors

India working on production linked incentives for 4-5 sectors

India working on production linked incentives for 4-5 sectors
Profile image

By Reuters Jul 23, 2020 11:03:45 AM IST (Published)

The incentives would be offered to sectors to push manufacturing and help those that have been pushed to the brink, Tarun Bajaj, economic affairs secretary at the Ministry of Finance, told a virtual conference, without providing more detail.

India is working on offering production linked incentives for 4-5 sectors to boost manufacturing in the country, a top finance ministry official said on Thursday.

Recommended Articles

View All

The incentives would be offered to sectors to push manufacturing and help those that have been pushed to the brink, Tarun Bajaj, economic affairs secretary at the Ministry of Finance, told a virtual conference, without providing more detail.
The conference was organised by the Federation of Indian Chambers of Commerce and Industry (FICCI).
Earlier this month, the government announced production linked incentives for large scale electronic goods manufacturers for five years, to boost manufacturing and attract investments in mobile phone manufacturing and electronic component units.
Check out our in-depth Market Coverage, Business News & get real-time Stock Market Updates on CNBC-TV18. Also, Watch our channels CNBC-TV18, CNBC Awaaz and CNBC Bajar Live on-the-go!

Top Budget Opinions

    Most Read

    Market Movers

    View All
    Top GainersTop Losers
    CurrencyCommodities
    CompanyPriceChng%Chng