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Govt disburses 21k crore under PLI scheme

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Govt disburses 21k crore under PLI scheme

NEW DELHI: A total of Rs 21,534 crore has been disbursed by govt under various production-linked incentive schemes that cover sectors, such as large-scale electronics manufacturing, IT hardware, pharmaceuticals and bulk drugs, telecom and networking products and food processing.PLI schemes are under various stages of implementation across 14 key sectors and have resulted in cumulative investments of around Rs 1.8 lakh crore, that resulted in incremental production/sales of over Rs. 16.5 lakh crore, an official statement said.Commerce and industry minister Piyush Goyal took a review of the PLI scheme across sectors and said exports must be a critical element in the country’s manufacturing plans with a clear focus on sectors, that give the country a competitive edge over competing production hubs. The minister said the country needs to achieve self-reliance in key sectors through PLI schemes.





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