Govt considering extending Rs 35,000 cr PLI scheme to more sectors ...Middle East

Economy by : (Business Standard) -
The government is considering proposals to extend Rs 35,000 crore PLI scheme to different sectors such as leather, bicycle, some vaccine materials, and certain telecom products with an aim to boost domestic manufacturing and create jobs, an official said. PLI (production linked incentive) benefits are also being considered for toys, some chemicals and shipping containers. The proposals are at discussion stage. Inter-ministerial talks are going on to extend PLI benefits to all these different sectors as there has been demand from industry and certain departments, the official said. The government has already rolled out the scheme with an outlay of about Rs 2 lakh crore for as many as 14 secto

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