The Ministry of Chemicals and Fertilizers vide its notification dated 31st March 2022 has extended the timeline for submission Applications under the Production Linked Incentive (PLI) Scheme for Promotion of Domestic Manufacturing of critical Key Starting Materials(KSMs)/Drug Intermediates and Active Pharmaceuticals Ingredients (APIs) till 30th April 2022. The eligible applicants may apply online through: https://plibulkdrugs.ifciltd.com.
The Objective of the scheme is to attain self-reliance and reduce import dependence in critical KSMs/DIs/APIs. Under this scheme, financial incentives shall be given based on committed investment and sales made by the selected applicant for the eligible products.