PLI Scheme for White Goods: Five Firms Chosen in Fourth Round
Why in the news
The government picked five firms in the fourth round of the white goods incentive scheme, with ₹863 crore promised to expand domestic AC and LED light manufacturing.
Key facts
- Type: Central Sector Scheme paying performance-linked incentives.
- Basis: incremental sales of domestically made components.
- Period: FY 2021-22 to FY 2028-29.
- Sectors: Air Conditioners and LED Lights.
| Aspect | Detail |
|---|---|
| Implementing ministry | Commerce and Industry |
| Monitoring body | Empowered Group of Secretaries (EGoS) |
| EGoS chairperson | Cabinet Secretary |
| Latest round | Fourth: five firms, ₹863 crore |
Objectives
- Cut import dependence.
- Boost domestic value addition.
- Strengthen manufacturing ecosystems.
Exam angle
- Ministry: Commerce and Industry.
- Monitoring: EGoS headed by Cabinet Secretary.