Version 1.1: Govt launches new version of PLI scheme for specialty steel; open till Jan 31
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Version 1.1

Govt launches new version of PLI scheme for specialty steel; open till Jan 31

The government Monday launched a second round of production-linked incentive scheme for five specialty steel products--coated or plated, high strength or wear resistant, rails, alloys and wires, and electrical. The scheme, called 1.1 and a revised version of the first round that was launched in July 2021, will remain open till Jan 31. The portal for the new scheme opened Monday.

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