{"id":594784,"date":"2023-08-01T09:36:10","date_gmt":"2023-08-01T04:06:10","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=594784"},"modified":"2023-08-01T10:31:23","modified_gmt":"2023-08-01T05:01:23","slug":"pli-tax-benefits-and-more-nitis-advice-to-boost-ev-battery-manufacturing","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/pli-tax-benefits-and-more-nitis-advice-to-boost-ev-battery-manufacturing\/","title":{"rendered":"PLI, tax benefits and more: Niti&#8217;s advice to boost EV battery manufacturing"},"content":{"rendered":"<p>As part of the efforts to promote electric vehicles and boost domestic value addition, the Niti Aayog has suggested  incentives in the form of production-linked incentive (PLI) schemes, tax benefits, and royalties to support the processing and refining of minerals used in lithium-ion batteries, according to a report by The Economic Times (ET). The proposals were made in a report released on July 31 by the Niti Aayog\u2014 &#8220;Mine to market: critical minerals supply chain for domestic value addition in lithium-ion battery manufacturing&#8221;.<\/p>\n<p>In February, the Geological Survey of India (GSI) announced the Salal-Haimana area in Reasi could be sitting on 5.99 million tonnes of lithium reserves, giving a boost to the country&#8217;s renewable energy push.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>As part of the efforts to promote electric vehicles and boost domestic value addition, the Niti Aayog has suggested incentives in the form of production-linked incentive (PLI) schemes, tax benefits, and royalties to support the processing and refining of minerals used in lithium-ion batteries, according to a report by The Economic Times (ET). The proposals were made in a report released on July 31 by the Niti Aayog\u2014 &#8220;Mine to market: critical minerals supply chain for domestic value addition in lithium-ion battery manufacturing&#8221;. In February, the Geological Survey of India (GSI) announced the Salal-Haimana area in Reasi could be sitting [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,232],"tags":[],"class_list":["post-594784","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-power-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/594784","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=594784"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/594784\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=594784"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=594784"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=594784"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}