Under the PLI scheme, the government released more than Rs 14000 crore since 2021

Pli schemes: 14,020 crore has been released under the PLI Scheme launched by the Government of India to promote the country’s production and manufacturing sector. These include 10 major sectors in many countries like Electronics, Manufacturing, IT Hardware, Pharmaceuticals, Telecom, Food Processing, Automobiles.

PLI scheme has a big impact on sectors

The scheme was launched in the year 2021 to promote the country’s manufacturing capacity and export, in which 14 sectors were covered. The Ministry of Commerce and Industry said in a statement on Saturday, the PLI scheme has a significant impact in different sectors of the country.

Under this, the manufacture of indigenous goods was encouraged, which leads to more production, more and more people get employment and exports to export. This scheme has attracted investment from the country as well as abroad. Explain that under this scheme, the government is given incentive to those companies, which show well in the manufacture and export of indigenous goods.

Investment of so many crores

It was reported that 764 applications have been approved for 14 sectors under the PLI scheme, including 176 MSME in PLI beneficiaries of sectors like bulk drugs, medical devices, pharma, telecom, white goods, food processing, textiles and drones. As of November 2024, an investment of about Rs 1.61 lakh crore has been made. Due to this, about 14 lakh crore rupees (about 162.8 billion dollars) have been sold. While a target of Rs 15.52 lakh crore was set by 2024-25.

People got employment through scheme

The ministry also informed that due to this scheme, more than 11.5 lakh people have got direct or indirect employment. Under the PLI scheme, companies invested around Rs 20,000 crore in special steel, while an investment target of Rs 27,106 crore was set. This also provided direct employment to 9,000 people.

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