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PM Modi New Scheme: Everyone will get big benefit from this scheme of Modi government, read what is this new scheme. ,


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According to the World Bank, with the help of this scheme, India’s economy can grow at the rate of 8.7 percent. India can also overtake countries like China with this increase. China, Indonesia and Bangladesh are expected to grow at 5.1 per cent, 5.2 per cent and 6.4 per cent respectively. The World Bank has praised the Production-Linked Incentive (PLI) scheme of the Narendra Modi government. PM Modi New Scheme

What is the plan Explain that during the Kovid epidemic, the Central Government had started the Production-Linked Incentive (PLI) scheme. Under this, there is a plan to promote domestic production and export. The government has included 13 core sectors in this scheme for a period of five years. PM Modi New Scheme

In this, the scheme has been started for sectors like telecommunications, electronics, auto parts. The plan for these sectors is Rs 1.97 lakh crore. Last year, Prime Minister Narendra Modi had said that this incentive scheme is expected to increase the country’s output by $520 billion in the next five years. PM Modi New Scheme

What is the estimate for 2021-22: The World Bank has projected India’s economic growth rate to be 8.3 percent for the year 2021-22. In June last year also, the World Bank had projected India’s growth rate to be 8.3 percent. The World Bank in its report on global economic prospects has said that the economy should benefit from the resumption of connectivity-intensive services. Apart from this, monetary and fiscal policy support will also help it. PM Modi New Scheme

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