![Budget 2024: Extend PLI schemes, encourage FDI: Knight Frank India](https://images.assettype.com/fortuneindia%2F2024-07%2Fe012313c-6c43-4655-ba83-eb2e4395a208%2FShishir%20Baijal.jpg?w=300&q=95)
Budget 2024: Extend PLI schemes, encourage FDI: Knight Frank India
Regarding real estate, he notes that while the sector has seen growth, the affordable segment lags due to supply and affordability issues.
Regarding real estate, he notes that while the sector has seen growth, the affordable segment lags due to supply and affordability issues.
The application window for the scheme will remain open for the period from July 15, 2024 to October 12, 2024.
Bids received are seven times the manufacturing capacity of 10 GWh to be awarded.
While India’s labour force participation rate (LFPR) has continued to increase over the last 5 years, it is important to look at the quality of jobs being created.
GDP growth and manufacturing push have not produced adequate quality jobs for decades
As of December 2023, selected companies have already made an investment worth ₹12,900 crore against an investment commitment of ₹21,000 crore in the current fiscal year.
These PLI schemes in 14 sectors have resulted in production or sales worth ₹8.70 lakh crore, says MoS commerce ministry
Flagship PLI scheme of the Centre has already attracted over ₹1.03 lakh crore of investment till November 2023
Production-linked incentives start making India self-reliant in key sectors.
DPIIT is for expansion of its role with PLI and steering India’s industrial growth at a time FDI is on a decline and global trade is sluggish.