The Ministry of Civil Aviation approved the production-linked incentive (PLI) scheme for drones and drone components, allocating a sum of Rs 120 crores on September 30. Earlier, the ministry announced the Drone Rules 2021 on August 25, 2021.

In an exclusive interaction with YourStory Founder and CEO Shradha Sharma, Amber Dubey, Joint Secretary, Ministry of Civil Aviation, shares how this scheme will help Indian drone startups deal with the challenges in the sector across areas such as funding, clarity of vision, policies and regulations.

The ministry managed to get the PLI clearance within three weeks, setting a record of sorts, as typically a PLI scheme has to go through several rounds of consideration before it can be approved.

“Within three weeks, we managed to get the clearance for the PLI scheme, which itself is a record of some kind because normally most PLI schemes take eight to nine months as they go through several layers of approval. This also shows the importance that…

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Source: yourstory.com