Question
What is the increased budget allocation for the
Production-Linked Incentive (PLI) scheme for the financial year 2025 in the Interim Budget?Solution
The government has increased the budget for the Production-Linked Incentive (PLI) scheme to Rs 6,200 crore for FY25. The scheme, which currently covers 14 sectors, has attracted investments of over Rs 1.03 lakh crore and generated employment for over 6.78 lakh individuals. However, concerns have been raised about limited employment generation in sectors like leather, garment, handicrafts, and jewelry.
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