Drug Overdose: PLI scheme likely to get Rs 13,000cr this year

NEW DELHI: The federal government expects to disburse Rs 13,000 crore beneath the production-linked incentive (PLI) scheme this yr, amid a significant push to spice up native manufacturing. The projection signifies greater than a four-fold rise from the Rs 2,900 crore that the federal government has already disbursed.

“We’ve already generated by means of the PLI schemes gross sales of over Rs 6 lakh crore and employment of round 4 lakh. Exports is also an enormous success primarily as a result of cell sector,” DPIIT secretary Rajesh Kumar Singh stated. Sectors like medical gadgets, pharma, white items, electronics and meals processing have picked up nicely beneath the PLI scheme, Singh stated.

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