Government again extended deadline to apply for PLI scheme till July 31
vinti | Jun 30, 2022 |
Government again extended deadline to apply for PLI scheme till July 31
The government has extended for the fourth time the last date to submit applications under the Production-linked Incentive scheme for specialty steel till July 31, 2022.
In beginning, the closing date for the submission of the application was March 29 for manufacturers to apply for the benefits under the PLI (Production-Linked Incentive) scheme for specialty steel. It was later extended till April 30, and then again to May 31, 2022. Then it was extended till June 30.
According to a Steel Ministry notification “..the undersigned is directed to convey..to further extend the last date for receipt of applications for the PLI scheme for specialty steel from June 30, 2022, to July 31, 2022. The application window will be kept open up to July 31, 2022″.
On July 22 last year, the Union Cabinet chaired by Prime Minister Narendra Modi approved a ₹6,322-crore PLI scheme to boost the production of specialty steel in India.
The move is expected to attract an additional investment of about ₹40,000 crore and generate 5.25 lakh job opportunities.
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