Centre disbursed Rs 14,020 crore for 10 sectors so far under PLI schemes

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Centre disbursed Rs 14,020 crore for 10 sectors so far under PLI schemes - Business Standard

Quick Summary:

In 2021, the government announced Production-Linked Incentive (PLI) schemes for 14 sectors like telecommunication, white goods, textiles, manufacturing of medical devices, automobiles, speciality steel, food products, high-efficiency solar PV modules, advanced chemistry cell batteries, drones, and pharma, with an outlay of Rs 1.97 lakh crore.

The government has disbursed Rs 14,020 crore under Production-Linked Incentive schemes for ten sectors, including electronics and pharma, since the launch of the support measure to boost domestic manufacturing, an official statement said on Saturday.

"The incentive amount of around Rs 14,020 crore disbursed under PLI schemes for 10 sectors," the commerce and industry ministry said.