UPSC Prelims 2023 · GS Paper 1 · Q18

Economy

Medium · India's export share and PLI scheme

Statement-I: India's share of global goods exports currently stands at around 3.2 percent.

Statement-II: A number of companies have taken advantage of India's Production-Linked Incentive (PLI) scheme to expand domestic manufacturing.

Which one of the following is correct in respect of the above statements?