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Auto PLI Disbursals Take the Slow Track for a Second Year

Mint Chennai

|

February 28, 2025

Ability to meet PLI targets, as the basis here is incremental sales," said Rai.

"A key flaw in the scheme is its restrictive qualification norms, limiting participation to certain companies. This exclusion, combined with policy uncertainties, slows sales growth and delays PLI compliance," he said.

As per the Outcome Budget, the target for disbursals in FY26 is 336.77 crore. In FY25, the Centre had allocated ₹3,500 crore for the scheme, out of which it aimed to disburse ₹3,150 crore as incentives. Revised estimates showed that it spent only ₹346 crore on the scheme overall.

FLERE HISTORIER FRA Mint Chennai

Mint Chennai

It's Clear That Gamblers Should Pay More Taxes Than Investors

Investing aids the economy but gambling is simply consumption

time to read

3 mins

September 15, 2025

Mint Chennai

Finding inspiration in natural light

Nicobar's Simran Lal on how her two workspaces keep her calm, motivated

time to read

2 mins

September 15, 2025

Mint Chennai

Yuan versus the dollar: Propose a third option

As China attempts to globalize its legal tender; America guards the supremacy of its own and digital currencies gain traction, India should revive Keynes' idea of a global trade currency

time to read

2 mins

September 15, 2025

Mint Chennai

Mercedes Expects Best Festive Season

The recent GST rate cut is likely to make the upcoming festive season the 'best-ever' for the luxury carmaker, but there is a need to cap road taxes levied by states on car purchases for long-term growth of the industry, Mercedes-Benz India managing director and chief executive officer Santosh Iyer said.

time to read

1 min

September 15, 2025

Mint Chennai

Indian Market Resilient; Stocks Could Touch New Highs by March

Over the long term, say 7 to 10 years, small and midcaps will be the real winners A. Balasubramanian, managing director and chief executive of Aditya Birla Sun Life AMC

time to read

4 mins

September 15, 2025

Mint Chennai

Top Debtor States Seek More From Finance Commission

Greater fiscal relief, revamped criteria for tax revenue sharing, special funds among demands

time to read

2 mins

September 15, 2025

Mint Chennai

Insurance law revision likely next session: FM

The Insurance Amendment Bill, which proposes 100% foreign direct investment in the sector, is likely to be introduced in parliament in the winter session, finance minister Nirmala Sitharaman has said.

time to read

1 min

September 15, 2025

Mint Chennai

When street dogs, cats bring the office closer

When colleagues work towards a collective goal like looking after community animals, it offers them a sense of purpose

time to read

4 mins

September 15, 2025

Mint Chennai

COP-30: Use carbon trading to win climate leadership

An efficient and credible carbon market can give India a chance to lead a global agenda that's fair to everyone

time to read

3 mins

September 15, 2025

Mint Chennai

Small stores, bold ambitions: Ikea to ramp up presence

Ikea India plans to add 3-4 small city stores over 10 months, shifting focus from large-format outlets to compact spaces

time to read

1 mins

September 15, 2025

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