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Claim procedure slows auto PLI
Mint Mumbai
|December 29, 2023
While the industry awaits new SOPs, it has also been bogged down by the sheer volume of documents required
The production-linked incentives (PLI) scheme for the automotive sector has hit another speedbreaker due to lack of clarity about the process to apply for subsidies, multiple industry executives said.
The government is still working on the standard operating procedures (SoPs) for claiming incentives, nearly two years after the scheme became operational, the people said on the condition of anonymity.
The SoPs are expected to outline the process for verifying sales and investments made as part of the scheme and the format of various certificates, undertakings and documents that applicants need to produce. It will also prescribe a standardized procedure for testing agencies to verify the claims.
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