The objective of the PLI scheme is to encourage manufacturing of parts and sub-assemblies for AC and LED lights.
For its export, NOC will be required from the Ministry of Environment, Forest and Climate Change.
Hydrofluorocarbons (Government)hydrofluorocarbon) exports have been banned. This step has been taken to increase its availability in the domestic market. This chemical is used for refrigeration (Refrigeration) and air-conditioning (Air-Conditioning) occurs in the region. Now to the exporters hydrofluorocarbons For export of HFCs, permission of the government will have to be taken. Directorate General of Foreign Trade (DGFT) said in a notification on Wednesday, the export policy for hydrofluorocarbons has been revised from free to curb category with immediate effect. No Objection Certificate from the Ministry of Environment, Forest and Climate Change for its export (NOC) will need to be taken.
This step is also important from this point of view as the government has announced a production linked incentive (PLI Scheme) scheme of Rs 6,238 crore for refrigerators, ACs and washing machines (white goods). The objective of the PLI scheme is to encourage manufacturing of parts and sub-assemblies for AC and LED lights.
Ban on import of HFCs
Earlier this month, the government had imposed similar curbs on the import of HFCs. The import policy of HFCs has been changed from ‘free’ to ‘restricted’ tax. However, it can be imported on the basis of a no-objection certificate from the Ministry of Environment, Forest and Climate Change. Meaning that the importers will now have to get a license or permission from the directorate to import this chemical.
Explain that India will reduce HFC in four phases from 2032. Under the first phase, HFCs will be cut by 10 percent in 2032, 20 percent in 2037, 30 percent in 2042 and 80 percent by 2047. Hydrofluorocarbons are a group of 19 gases. It is thousands of times more powerful than carbon dioxide in terms of global warming.
If we are successful in reducing hydrofluorocarbons in a phased manner globally, it will help in preventing greenhouse gases equivalent to 105 million tonnes of carbon dioxide. If the emissions of these gases are completely stopped globally by 2050, then by the end of the century, the increase in temperature can be reduced by 0.5 °C. Which means a lot for climate change. Not only this, the ozone layer will also be saved from being stripped.