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PIB Summaries 12 September 2022

CONTENTS

  1. PLI scheme for Large-Scale Electronics Manufacturing
  2. Pradhan Mantri Matsya Sampada Yojana

PLI Scheme for Large-Scale Electronics Manufacturing


Focus: GS III: Indian Economy

Why in News?

Recently, the first-ever disbursement has been approved by the empowered Committee in Production Linked Incentive (PLI) scheme for mobile manufacturing under ‘Large-Scale Electronics Manufacturing’ sector.

About  PLI scheme for Large-Scale Electronics Manufacturing

  • It is mapped to the Union Ministry of Electronics and Information Technology (MEITY).
  • The PLI scheme on Large-Scale Electronic Manufacturing, which includes manufacturing of mobile phones and manufacturing of specified electronic components, was approved in March 2020, with a total outlay of Rs 38,645 crores.
  • Thirty-two beneficiaries had been approved under the PLI scheme for Large-Scale Electronics Manufacturing, of which 10 (5 global and 5 domestic companies) were approved for mobile manufacturing.
  • This PLI scheme has also generated employment of 28,636.
  • Over the last 3 years, exports have grown by 139%.

Click Here To Read More: PLI Scheme for Large-Scale Electronics Manufacturing


Pradhan Mantri Matsya Sampada Yojana


Focus: GS II- Government Policies and Interventions

Why in News?

Recently, Pradhan Mantri Matsya Sampada Yojana (PMMSY) accomplishes  its successful second anniversary.

About Pradhan Mantri Matsya Sampada Yojana

  • Pradhan Mantri Matsya Sampada Yojana (PMMSY) was launched in 2020 to bring about Blue Revolution through the sustainable development of the fisheries sector over a period of five years (2020-2025).
  • It is an umbrella scheme to develop the fisheries sector with a total outlay of Rs. 20050 crores.

It has two components

  • The Central Sector Scheme (CS) component with a non-beneficiary-oriented scheme and a Beneficiary oriented scheme (Central Assistance for General Category – 40%; SC/ST/Women – 60%).
  • A Central Sponsored Scheme (CSS) component also with a non-beneficiary-oriented scheme and Beneficiary oriented scheme. The different break-ups of funding are: Central Assistance for Northeastern States – 90%, Other States – 60%; and UTs – 100%.

Click Here To Read More: Pradhan Mantri Matsya Sampada Yojana


 

 
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