PLI Scheme approved for Air Conditioners and LED Lights approved

(GS PAPER-3, SUSTAINABLE DEVELOPMENT

Source- Livemint)

Context-

Recently The Union Cabinet has approved the Production Linked Scheme for White Goods such as Air conditioners and LED lights.

Objective-

The objective of the scheme is to make manufacturing in India globally competitive. This is to be achieved by creating economies of scale, removing sectoral disabilities, and ensuring efficiencies. The scheme will make India an integral part of the global supply chain

What are White Goods?

According to researchers, generally large home appliances such as refrigerators, dishwashers, washing machines, air conditioners are known as white goods. Traditionally the household goods were available in white color and hence the name.

What are brown goods?

Consumer Electronics goods such as computers, Television, games consoles, radios are referred to as brown goods.

 

-Khyati Khare

Download Daily Current Affairs of 8th April 2021

Khyati Khare

Plutus IAS Current Affairs Team

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