Top Headlines: Govt payout under PLI, India-made 4G, 5G tech stacks & more

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Budget 2023-24: Govt set to pay out Rs 4K cr under PLI by March end

The government is set to pay Rs 4,000 crore by March to beneficiaries of the production-linked incentive (PLI) scheme as it lines up its expansion, likely to be announced in the Budget. “The first instalment towards seven schemes (of the 14) will be paid by March. Instalments for mobile manufacturing, pharmaceuticals, and food processing have been paid,” a senior government official said. Read more...

 

Accounting practices at start-ups in India come under the scanner

Valuation obsession, investor pressure, and unethical practices by founders