UPSC Civil Services Model Paper 7

The PLI scheme aims to boost domestic manufacturing and cut down on imports by providing cash incentives on incremental sales from products manufactured in the country.
Hence Statement A is Correct .
Earlier this scheme was applicable to only the electronics sector but now this scheme is applied to ten more sectors.
Hence statement B is Correct As a part of the National Policy on Electronics, the IT ministry had notified the PLI scheme this year. It would give incentives of 4-6 per cent to electronics companies which manufacture mobile phones and other electronic components.
The ten sectors have been identified on the basis of their potential to create jobs and make India self-reliant , include:
1. Food processing
2. Telecom
3. Electronics
4. Textiles
5. Speciality steel
6. Automobiles and auto components
7. Solar photo-voltaic modules and
8. White goods such as air conditioners and LEDs