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ECONOMY

Centre Added 3 New Member in SCALE Committee

The centre has increased the Steering Committee for Advancing Local Value-Add and Exports (SCALE) committee by adding three new members. The new appointments are Panasonic India Chairman and CEO Manish Sharma, Toyota Vice-Chairman Vikram S Kirloskar, and Asian Paints co-promoter and Chairman Jalaj Dani.


Former Mahindra CEO Pawan Goenka leads the 14-member committee. It has representation from industry groups like FICCI, CII, ASSOCHAM and officials from commerce and other ministries. The Ministry makes the Committee of Commerce and Industry and the Department for Promotion of Industry and Internal Trade (DPI).


The administration has given Rs 1.97 lakh crore to 13 key sectors in the Union Budget 2021-22, covering the way for changing shift towards Atmanirbhar Bharat. And the PLI scheme will add production in India in the next five years to around Rs 37.5 lakh crore in sectors like white goods, auto components, pharmaceuticals drugs, speciality steel, and telecom & networking products.

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