Current Affairs 19 January 2026

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  • Production Linked Incentive Scheme Expanded
  • Arbitration Council Constitution Questioned

…and 6 more stories on GENERAL.

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Production Linked Incentive Scheme Expanded

The government has expanded the Production Linked Incentive (PLI) Scheme to boost manufacturing in key sectors. Recent updates focus on electronics, pharmaceuticals, and auto components to enhance domestic production and exports. This aims to create jobs and reduce import dependency. Implementation involves incentives based on incremental sales and investment thresholds. States are being encouraged to align with central guidelines for maximum benefits.

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Which sector is NOT primarily covered under the expanded PLI Scheme?

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Arbitration Council Constitution Questioned

Questions arise over whether an Arbitration Council has been constituted as mandated by law. The Arbitration and Conciliation Act requires such a body for overseeing arbitration matters. Delays noted in official notifications despite legislative provisions. This impacts dispute resolution efficiency in commercial and infrastructure sectors. Government clarifies ongoing consultations with stakeholders.

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Under which Act is the Arbitration Council mandated?

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