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Union Budget 2024: Finance Minister Nirmala Sitharaman may announce this new scheme

Web Desk. The countrymen are ready for the primary finances of the third time period of the Narendra Modi authorities on the Centre. It may be introduced by Finance Minister Nirmala Sitharaman on the twenty second or twenty third of this month.

Finance Minister Nirmala Sitharaman could make many massive bulletins for the countrymen within the finances. Finance Minister Nirmala Sitharaman can announce new Manufacturing Linked Incentive (PLI) schemes on this finances. Based on experiences, on this regard, the Finance Ministry headed by Union Minister Nirmala Sitharaman is evaluating the proposal ready by a number of different departments after in depth deliberations.

The central authorities is contemplating introducing PLI schemes for sectors like chemical substances, toys and footwear.
On the similar time, the ministry might improve the fund allocation for a number of the current PLI schemes. The central authorities might improve the fund allocation on current schemes by 30 p.c based mostly on the underlying demand of trade representatives and our bodies.

PC: Nayiduniya
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