It’s time to measure the impact of PLI, DLI schemes
Since PLIs and DLIs were introduced, there has been no post facto study on their efficacy on the ground.
production linked incentive
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PLI schemes attract investments worth ₹62,500 cr till March 2023
733 applications for PLI have been approved in 14 sectors, with an expected investment of ₹3.65 lakh crore
PLI schemes to create 60 lakh new jobs in 5 yrs: Centre
The Centre’s projections say the minimum production in India as a result of PLI schemes is expected to be over US$ 500 billion in 5 years.
Is PLI the Magic Pill?
The government’s ambitious manufacturing scheme has set the private capex in motion but economic outcomes will take their time coming.
Is PLI helping India's manufacturing?
It may be early to judge, but long years of past subsidies have made little difference; manufacturing's GDP share is stuck at 17-18% for 16 years while employment share has fallen to 10.9% in FY21.
PLI boost: India’s mobile phone imports dip 33% in FY22
CRISIL Research says this resulted in reduced dependency on China, which reduced to 60% from 64% in fiscal 2021 and is expected to fall further in the medium term
Maruti, Hero, Tata, others invest ₹74,850 cr in PLI scheme for auto sector
95 companies have been chosen for the scheme – 75 for the components part, while the ministry had already approved 20 manufacturers for the vehicles part.
Budget 2022: New twist to PLI with design-led manufacturing for 5G
This is a new version of the PLI scheme as it focuses on design.
