Ministry of Commerce & Industry

2021-22 Key Developments

Production Linked Incentive (PLI) Schemes

Total Sectors : 14 sectors covered
Outlay : ₹1.97 lakh Cr over 5 years
Automobiles : ₹25,938 Cr; 13-16% incentive
Textiles : ₹10,683 Cr; 15% incentive in Year 1
Electronics : Extended by 1 year (till 2025-26)
AC & LED : ₹6,238 Cr; 4-6% incentive

Semiconductor & Display Initiatives (Dec 2021)

Total Outlay : ₹76,000 Cr
Fabrication : 50% project cost support
Compound Semiconductors : 30% capex support
Design-Linked Incentive : 50% eligible expenditure
India Semiconductor Mission : Nodal agency established

Remission of Duties & Taxes (RoDTEP) - Aug 2021

Replaces : MEIS scheme
Coverage : 8,555 product categories
Refund : Unrefunded duties/taxes on exports
Mode : Credit scrips (transferable)

India-UAE CEPA (Feb 2022)

Target : Merchandise trade USD 100 bn in 5 years
Jobs : 10 lakh expected
Pharma : Automatic registration in UAE
Safeguard : Against third-country routing
Elimination : 80% tariff lines duty-free

RoDTEP Rates Notified (Aug 2021)

Coverage : Export products
Rates : 0.5% to 4.3% of FOB value
Excluded : EOUs, SEZs, MEIS beneficiaries
Validity : From Jan 1, 2021

2022-23 Key Developments

National Logistics Policy (Sept 2022)

Target : Logistics cost from 14% → 8% of GDP
PM Gati Shakti : Integrated with NLP
Unified Logistics Interface : ULIP platform
Ease of Logistics : Single window clearance

Foreign Trade Policy 2023 (March 2023)

Duration : 5 years (earlier 1-year extensions)
Amnesty : One-time settlement for EPCG defaults
Towns of Export Excellence : 4 more added
Districts as Hubs : District export action plans

Credit Guarantee Scheme for Startups (Oct 2022)

Corpus : ₹2,000 Cr
Guarantee : Up to ₹10 Cr per startup
Coverage : DPIIT-recognized startups
Duration : 10 years (till 2032)

MSME Cluster Development (Jan 2023)

Revised Guidelines : For CDP
Infrastructure : Common Facility Centres
MSE-CDP : Soft intervention + hard intervention
GoI Share : 70% (90% for NE/Hill)