Govt extends PLI scheme for specialty steel for 3rd time till June 30
The government on Monday extended for third time the deadline to submit applications under production-lined incentive scheme for specialty steel till June 30, 2022.
Till now only 10 applications have been received from players looking to invest under Rs 6,322-crore scheme which was launched in July last year.
Initially, March 29 was the last date for manufacturers to apply for the benefits under the PLI (Production-Linked Incentive) scheme for speciality steel. It was later extended till April 30 and again to May 31, 2022.
Last week, PTI had reported government is considering extension of last date to submit applications under PLI scheme with a few modifications like no minimum investment cap and setting up minimum capacity for secondary players, a uniform incentive onproduction of speciality steel, among others.
