Which scheme was rolled out to effectively integrate India’s manufacturing capabilities with the demands of global supply chains and to promote domestic value addition and exports?  

Correct option is D

Correct Answer: D. Production Linked Incentive (PLI) Scheme

The Production Linked Incentive (PLI) Scheme was launched to boost domestic manufacturing, enhance exports, and integrate India's production capabilities with global supply chains. The scheme offers financial incentives to manufacturers for increasing their production and sales in key sectors such as electronics, pharmaceuticals, automobiles, textiles, and semiconductors.

• Launched:2020 under the Atmanirbhar Bharat Abhiyan.
• Objective: Promote domestic manufacturing, reduce import dependence, and boost exports.
• Sectors Covered:
  • Electronics & Telecom
  • Pharmaceuticals & Medical Devices
  • Automobiles & Auto Components
  • Textiles & White Goods
  • Specialty Steel & Semiconductors
• Key Benefits:
  • Encourages FDI and private investment.
  • Strengthens India’s position in global supply chains.
  • Boosts employment and GDP growth.

• Startup India: Focuses on promoting entrepreneurship and innovation, not direct manufacturing incentives.
• Merchandise Exports from India Scheme : A trade policy scheme for export incentives, not manufacturing.
• Make in India Initiative : A broader initiative to promote India as a global manufacturing hub, but PLI provides direct incentives.