India unveils Rs 50,000 crore schemes to attract electronics makers

    NEW DELHI: Union Minister Ravi Shankar Prasad, on Tuesday, unveiled the guidelines for electronics manufacturing schemes with an aim to strengthen domestic manufacturing of five global and five Indian mobile phone makers. The three Schemes namely, the Production-Linked Incentive Scheme (PLI), Scheme for Promotion of Manufacturing of Electronic Components and Semiconductors (SPECS) and Modified Electronics […]

    Subvention schemes: Gimmick or beneficial financing option?

    Critics of subvention schemes, regularly argue that it’s far merely a advertising methodology to attractcustomers, at a time, whilst builders are suffering to boost income amidst a slowdown. consistent withthose critics, such schemes send a message that the developer has no different supply of investment, to finish a project. From a home shoppers’ standpoint, there […]