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The Cabinet has approved the Production Linked Incentives (PLI) scheme for 10 sectors. Under PLI, the government may announce to provide incentives of about Rs 1.46 lakh crore in 5 years, they added.The maximum incentive of about Rs 57,000 crore is likely to be provided to the auto component and automobile sector, sources further stated, while other sectors may include Advance cell Chemistry Battery, pharma, food products and White goods.
The Cabinet has approved the Production Linked Incentives (PLI) scheme for 10 sectors. Under PLI, the government may announce to provide incentives of about Rs 1.46 lakh crore in 5 years, they added.The maximum incentive of about Rs 57,000 crore is likely to be provided to the auto component and automobile sector, sources further stated, while other sectors may include Advance cell Chemistry Battery, pharma, food products and White goods.
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