PLI scheme: Rs 2.34 lakh crore investment, more than 60 lakh people will get employment

Posted on 21st Apr 2022 by rohit kumar

The Production Linked Incentive (PLI) scheme launched by the government is succeeding in attracting investors. According to the latest released data, investment of Rs 2.34 lakh crore has come under this scheme in 14 sectors. This figure has been presented based on data collected from various ministries.

 

 

Most investments in these sectors

 

Automobiles, auto components, advanced chemistry cell batteries, and steel and solar panel sectors have been at the forefront of attracting investments under the PLI scheme. In the report released in this regard, it has been told that the government is expected to get an output of Rs 28.15 lakh crore through this. Apart from this, the increase in investment coming under the PLI scheme is also going to prove to be very beneficial in the field of employment in the country.

 

 

60.23 lakh jobs will be created

 

According to the report, the increase in investment under the PLI scheme is a piece of relief news. Looking at the figures, it seems that now the effect of this scheme started by the government is visible. It said that in the coming five years, about 60 lakh 45 thousand new jobs are expected to be created by the government in the sectors related to this scheme.

 

What is PLI Scheme?

 

Let us inform you here that the PLI scheme for five years was started by the government to promote domestic manufacturing and cut down on import bills. 14 sectors were selected for the PLI scheme in the country. These include sectors such as IT hardware including automobiles, textiles, and food production. Under this scheme, it was proposed to spend Rs 1.97 lakh crore.

 

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