PLI Schemes: Boosting Production, Employment, and Economic Growth

The implementation of the Production Linked Incentive (PLI) Schemes in the country has led to significant positive outcomes such as increased production, employment generation, economic growth, and exports.
During a press conference in New Delhi, Shri Rajesh Kumar Singh, Secretary of DPIIT, highlighted that the PLI Schemes resulted in a notable 76% rise in Foreign Direct Investment (FDI) in the manufacturing sector in the fiscal year 2021-22, reaching USD 21.34 billion, compared to the previous fiscal year’s USD 12.09 billion.