PLI scheme will make India ’highly competitive’ in global economy: Niti Aayog CEO
4 years ago

PLI scheme will make India ’highly competitive’ in global economy: Niti Aayog CEO

Live Mint  

The central government is taking various measures to make India highly competitive in the global economy, Niti Aayog CEO Amitabh Kant said on Saturday. The production-linked incentive scheme for 10 key sectors, which the government announced last month, should spur growth in manufacturing in a big way, Niti Aayog CEO believed. "It is a $26-billion scheme, which provides production-linked incentives in 10 champion sectors and this five years of support should spur growth in manufacturing in a big way," he said. The Union Cabinet recently approved PLI scheme worth up to ₹2 lakh crore for 10 manufacturing sectors for next five years.

History of this topic

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