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Up to which year has the Production Linked Incentive Scheme for medical devices been extended?

  1. A.2027-28
  2. B.2030-31
  3. C.2032-33
  4. D.2035-36

Correct answer

D. 2035-36

Explanation

The correct answer is 2035-36. While inviting fresh applications on 10 November 2026, the Department of Pharmaceuticals said the medical devices PLI scheme had been carried forward to that year, with an outlay of about Rs 2,700 crore available for the new round and an online portal due to open within ten days. Options A, B and C are wrong because the announcement names a single end year for the extended scheme, and none of those years was mentioned as the new horizon. Candidates should also keep the start of the scheme in mind, since the two years are often paired in questions: the first phase began in 2021-22, brought more than sixty high-end devices and components into Indian production, and generated output valued above Rs 16,000 crore before this second round was opened.

Read the full article: PLI 2.0 for Medical Devices Opens With Rs 2,700 Crore

Q3.EconomyMedium

Which requirement for claiming incentive has been discontinued in the new round of PLI-MD?

  1. A.The minimum sales threshold
  2. B.The export obligation
  3. C.The domestic value addition norm
  4. D.The employment guarantee
Show answer
Correct answer: A. The minimum sales threshold

Learning from the first phase, the department removed the condition that an applicant had to cross a stated level of sales before claiming the incentive, and it also trimmed the minimum investment requirement.

Q5.EconomyMedium

Which scheme of the MSME Ministry handholds SC/ST micro and small enterprises for public procurement?

  1. A.National SC-ST Hub Scheme
  2. B.Prime Minister's Employment Generation Programme
  3. C.Credit Guarantee Fund Trust for Micro and Small Enterprises
  4. D.Udyam Registration
Show answer
Correct answer: A. National SC-ST Hub Scheme

The Joint Secretary told the round table that the promotion and handholding done under this scheme has steadily raised the share of SC/ST micro and small enterprises in public procurement, and the scheme's field offices are the ones being asked to coordinate more closely with the Government e-Marketplace and with…