Circular No. ES/167/2021-22 29th September, 2021
To: Members of the Council
Sub: Production Linked Incentive (PLI) Scheme for Textiles
Dear Member,
As you are aware, the Government has approved the Production Linked Incentive (PLI) Scheme for promotion of MMF Apparel, MMF Fabrics and Products of Technical Textiles. In this regard, the Ministry of Textiles has issued a Gazette Notification No. 12015/03/2020-IT dated 24th September, 2021. The scheme will be implemented from the date of this notification. The Council thanks the Government of India, Ministry of Textiles and Commerce & Industry for approving the PLI Scheme for promotion of MMF Apparel, MMF Fabrics and Products of Technical Textiles.
Highlights of the PLI Scheme for MMF Textiles are as follows:
Scheme Part-1 & Part - 2
Year |
Gestation Period |
Performance year |
Incentives claim year |
* |
FY 2022-2023 |
|
|
* |
FY 2023-2024 |
|
|
1 |
|
FY 2024-2025 |
FY 2025-2026 |
2 |
|
FY 2025-2026 |
FY 2026-2027 |
3 |
|
FY 2026-2027 |
FY 2027-2028 |
4 |
|
FY 2027-2028 |
FY 2028-2029 |
5 |
|
FY 2028-2029 |
FY 2029-2030 |
The scheme shall be valid upto 2029-30. The gestation period for both parts of the scheme will be of two years (FY: 2022-23 to FY: 2023-24).
Please note that the detailed operational guidelines for inviting application, selection of eligible participants, effective monitoring of the scheme, releasing of incentives, and appropriate grievance redressal mechanism etc. will be finalised and notified after inter-ministerial consultations.
For more detailed information, members may kindly refer to Gazette Notification No. 12015/03/2020-IT dated 24th September, 2021 issued by the Ministry of Textiles.
Members may kindly make a note of the above details of the PLI Scheme.
Thanking you,
Yours faithfully,
S. BALARAJU
EXECUTIVE DIRECTOR