Centre notifies guidelines for PLI Scheme for Specialty Steel - check details
Specialty steel is value added steel wherein normal finished steel is worked upon by way of coating, plating, heat treatment, etc to convert it into high value-added steel which can be used in various strategic applications like Defence, Space, Power, apart from automobile sector, specialized capital goods etc.
Guidelines for an effective operation and smooth implementation of PLI Scheme have been notified on October 20, 2021 on the website of Ministry of Steel.
As per the information, the guidelines offer clarity on operational aspects of the Scheme such as the application, eligibility, disbursement of incentive and so on.
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