
The Ministry of Heavy Industries (MHI), which is overseeing the scheme, has hired IFCI as the project manager for the programme, people in the know said. The NBFC already manages 10 of the government's 14 production-linked incentives (PLI) schemes, including two overseen by the MHI. The FAME-II scheme was earlier being managed internally by the MHI.
from Industry-Economic Times
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