PLI Scheme: Investment of Rs 2.34 lakh crore came in 14 sectors, 60 lakh people will get employment in 5 years
The PLI scheme was announced in the budget for 2021-22.
Automobiles, auto components, advanced chemistry cell batteries, solar panels have shown interest in the PLI scheme. The government expects to generate an additional output of Rs 28.15 lakh crore from the scheme.
launched by the central government production linked incentive ,PLI Scheme) The effect of the plan starts showing. According to the data collected from different ministries, under the PLI scheme of the country, an investment of Rs 2.34 lakh crore has been received in 14 sectors to encourage domestic manufacturing. automobile and auto components, advanced chemistry cell batteries, specialty steel and high-efficiency solar panels (Solar Panel) The maximum investment has come in sectors. The PLI scheme was announced in the budget for 2021-22. It was proposed to spend Rs 1.97 lakh crore in this. It covers 14 major sectors.
Let us tell you that under the PLIC scheme, incentives are being given to companies that increase production within the country. Under this scheme, not only foreign companies but also domestic companies are being encouraged to increase production in the country.
To increase production, companies will have to invest, while with the increase in production, employment opportunities will also increase. In view of these benefits of increasing manufacturing, the government is offering incentives to companies that increase production. PLI scheme has been approved for 5 years.
More than 60 lakh new jobs will be created
A senior government official said, the government is expected to generate an additional output of Rs 28.15 lakh crore from the scheme and 60 lakh 45 thousand new jobs are expected to be created in the next 5 years. He said, the scheme has received good response from all sectors. 1.97 lakh crore will be spent in total 14 sectors.
Under this scheme, started two years ago, a cash incentive of 3 to 5 rupees is provided on the sale of goods made in India. In addition, the identified beneficiaries are required to commit to a certain minimum investment in India.
14 companies selected for drone manufacturing
To promote drone manufacturing in the country, 14 companies have been selected under the PLI scheme. According to the Ministry of Civil Aviation, the 14 drone companies include Adani’s joint venture with Israeli company Elbit and IdeaForge Technology.
The ministry has selected five drone makers such as Daksh Unmanned Systems, IdeaForge Technology, ioTechworld Aviation, Omnipresence Robot Technologies and Rafe MFiber as beneficiaries. In addition, nine drone component companies such as Absolute Composites, Adani-Elbit Advanced Systems India, Adritech Information Systems, Alpha Design Technologies, InventGrid India, Paras Aerospace, SASMOS HET Technologies, ZMotion Autonomous Systems and Juppa Geo Navigation Technologies were also selected for the scheme. is.