One common scenario is government's PLI scheme to boost or transform the specific sectors of the industry, trade or commerce.
For example, in 2020-2021 the Government of India (GoI) introduced several targeted PLI schemes, which will run for five years, to boost 13 distinct industry sectors.
[3] Society of Indian Automobile Manufacturers welcomed this as it will enhance the competitiveness and boost growth.
[2] Appraisals, normally conducted half-yearly or annually, are used to decide on the salary increments and promotions of the employee.
Normally retention bonus is paid yearly or half-yearly which will incentivise the employee to stay back in the organization for the payment Comprehensive Employment and Training Act