Production Linked Incentive (PLI) Schemes

PLI Schemes, a cornerstone of the Government’s push for achieving an AtmaNirbhar Bharat was launched in March 2020 to provide support to the sectors, regain dominance in global trade and be more prepared for the volatilities and shocks in global supply chains as opposed to the protectionist approach of the pre-1991 era.

Significance: Introduce latest technology in the country;

• Generate direct and indirect employment by reaching global scales;
• Ensure penetration of Indian companies in the global value chains;
• Make domestic manufacturing globally competitive and will create global champions in manufacturing. ....