PLITEXTILE2

Production Linked Incentive (PLI) Scheme for Textiles Part 2

The scheme aims to promote MMF and technical textile production for global competitiveness and employment generation. Through this scheme, performance-based financial incentives are provided to textile manufacturers.

केंद्रीय नकद

राज्य / केंद्र शासित प्रदेश: All India

मंत्रालय / नोडल: Ministry Of Textiles

योजना किसके लिए: Infra

योजना प्रोफ़ाइल

डीबीटी (प्रत्यक्ष लाभ अंतरण): नहीं

श्रेणियाँ: व्यवसाय और उद्यमिता, कौशल और रोजगार

उप-श्रेणियाँ: Exhibitions/Trade fairs/Buyer-seller meet, market development

लक्षित लाभार्थी: Business Entity

टैग: MMF Fabrics, Technical Textiles, MMF Apparel, Textile Production, Textile Manufacturers, Employment Generation

विवरण

The scheme "Production Linked Incentive (PLI) Scheme for Textiles Part-2" has been launched by the Ministry of Textiles, Government of India, and aims to promote the production of MMF Apparel, MMF Fabrics, and Technical Textiles to achieve scale, enhance global competitiveness, and generate employment. Through this scheme, financial incentives based on incremental turnover are provided to companies investing in the manufacturing of notified textile products under two components, Part-1 and Part-2. The scheme is implemented by the Ministry of Textiles with support from a Project Management Agency (PMA) and monitored by the Empowered Group of Secretaries (EGoS).

Objectives:

  • To promote the production of MMF Apparel & Fabrics and Technical Textiles products in the country.
  • To enable the textile industry to achieve size and scale.
  • To become globally competitive and a creator of employment opportunities for people.
  • To support the creation of a viable enterprise and a competitive textile industry.

लाभ

  • 1. Financial Incentive:
  • Incentive is provided to selected participants based on incremental turnover of notified products manufactured in India
  • The incentive is available for a maximum period of 5 years from the first performance year. 1. Incentive Structure:
  • Scheme Part-2
  • Year 1: 11% on ₹200crore turnover
  • Year 2: 10% on ₹250crore
  • Year 3: 9% on ₹312.5 crore
  • Year 4: 8% on ₹390.63 crore
  • Year 5: 7% on ₹488.2 crore Conditions Linked to Benefits:
  • The participant should achieve the minimum threshold investment and prescribed turnover to qualify for incentives
  • The participant should achieve 25% incremental turnover over the previous year from Year 2 onwards
  • Incentive is provided only when both turnover targets and incremental growth conditions are met
  1. Financial Incentive:
  • Incentive is provided to selected participants based on incremental turnover of notified products manufactured in India.
  • The incentive is available for a maximum period of 5 years from the first performance year.
  1. Incentive Structure:
  • Scheme Part-2

    • Year 1: 11% on ₹200 crore turnover
    • Year 2: 10% on ₹250 crore
    • Year 3: 9% on ₹312.5 crore
    • Year 4: 8% on ₹390.63 crore
    • Year 5: 7% on ₹488.2 crore

Conditions Linked to Benefits:

  • The participant should achieve the minimum threshold investment and prescribed turnover to qualify for incentives.
  • The participant should achieve 25% incremental turnover over the previous year from Year 2 onwards.
  • Incentive is provided only when both turnover targets and incremental growth conditions are met.
  • Incremental turnover considered for incentive is capped at 35% growth.

Mode of Disbursement: Incentive is disbursed through Direct Bank Transfer to the participant’s account via the Public Financial Management System (PFMS).

Frequency of Disbursement: Incentive claims are processed and disbursed on an annual basis.

Time of Disbursement: Claims are processed within 45 days of submission by the Project Management Agency (PMA). Disbursement is made within 15 days after approval by the competent authority.

Validity of Benefits: The scheme is operational till 31 March 2030. Incentives are available for 5 consecutive performance years, subject to meeting eligibility conditions.


पात्रता

  1. The applicant should establish a new company under Companies Act, 2013.
  2. The applicant should invest a minimum of ₹100 crore (excluding land and administrative building).
  3. The applicant should achieve minimum ₹200 crore turnover in the first performance year.
  4. The applicant should be a company/firm/LLP/trust incorporated in India.
  5. The applicant should manufacture notified products only.
  6. The applicant should maintain minimum value addition (60% or 30% for processing).
  7. The applicant should have PAN, GST, and DIN.

Preference / Priority:

Preference is given based on investment, employment, technical capacity, and location (higher preference to aspirational districts and Category C cities).


अपवर्जन

  • The applicant should not be bankrupt or a defaulter.
  • The applicant should not be blacklisted by any government authority.
  • Turnover from trading or job work is not considered.

आवेदन प्रक्रिया

Online

Step 1: The applicant should visit the official portal: http://PLI.texmin.gov.in.
Step 2: The applicant should fill out the online application form.
Step 3: The applicant should upload documents and submit an undertaking.
Step 4: The applicant should pay the ₹50,000/- application fee online.
Step 5: The applicant will receive an acknowledgement with the Application ID.
Step 6: The Ministry/PMA may raise queries, which must be responded to within the prescribed time.
Step 7: Applications are evaluated and selected by the Selection Committee.
Step 8: Selected applicants receive a Letter of Approval.
Step 9: The applicant should commence manufacturing and achieve the required targets.
Step 10: The participant should submit annual incentive claims online.
Step 11: Claims are verified and approved.
Step 12: The incentive is disbursed to the bank account.

स्पष्टीकरण

myScheme पर प्रकाशित योजना सूचना से अतिरिक्त बिंदु (कानूनी सलाह नहीं)।

What is Scheme Part-2 under the PLI Scheme for Textiles?
Scheme Part-2 is a component of the Production Linked Incentive (PLI) Scheme for Textiles designed for applicants with relatively lower investment and turnover thresholds, providing performance-linked incentives on notified textile products. <br>
What is the minimum investment required under Scheme Part-2?
The applicant should make a minimum investment of ₹100 crore (excluding land and administrative building costs). <br>
What is the minimum turnover required under Scheme Part-2?
The applicant should achieve a minimum turnover of ₹200 crore from notified products in the first performance year. <br>
Who can apply under Scheme Part-2?
The applicant should be a company/firm/LLP/trust incorporated in India and, upon selection, should form a new company under the Companies Act, 2013. <br>
What products are eligible under Scheme Part-2?
The applicant should manufacture notified MMF Apparel, MMF Fabrics, and Technical Textile products as specified under the scheme. <br>
How is the incentive calculated under Scheme Part-2?
The incentive is calculated based on incremental turnover of notified products over the base year, subject to meeting prescribed thresholds. <br>
What are the incentive rates under Scheme Part-2?
Incentives range from 11% in the first year to 7% in the fifth year, depending on turnover achievement. <br>
Is there any growth requirement under Scheme Part-2?
Yes, the applicant should achieve a minimum 25% incremental turnover growth over the previous year from the second year onwards. <br>
For how many years are incentives available under Scheme Part-2?
Incentives are available for a maximum of 5 years, subject to fulfilment of conditions. <br>
Is there any cap on incentive calculation?
Yes, the incremental turnover considered for incentive is subject to a maximum cap as defined in the scheme guidelines. <br>
How are incentives disbursed under Scheme Part-2?
Incentives are disbursed through Direct Bank Transfer via the Public Financial Management System (PFMS) after verification and approval. <br>
When can incentives be claimed under Scheme Part-2?
The applicant can claim incentives after achieving the required investment and turnover thresholds in the performance year. <br>

संदर्भ

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Documents Required for Government Schemes

Most government schemes require basic documents for verification. While the exact requirements vary, common documents include:

  • Aadhaar Card
  • Income Certificate
  • Caste Certificate (if applicable)
  • Residence Proof
  • Bank Account Details
  • Educational Certificates (for student schemes)

How to Apply for Government Schemes?

The application process for government schemes may be online or offline depending on the scheme. In most cases, you can follow these steps:

  1. Check eligibility criteria
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  5. Track application status