Government schemes
What is Production Linked Incentive?
Production Linked Incentive is a central sector run by the Ministry of Sector ministries under a DPIIT-coordinated framework, launched in 2020.
The detail
| Ministry | Sector ministries under a DPIIT-coordinated framework |
|---|---|
| Launched | 2020 |
| Type | central sector |
| Funding | 100% Centre; about Rs 1.97 lakh crore across 14 sectors |
| Aim | Incentives on incremental production/sales to build domestic manufacturing scale |
Commonly confused: There is no single PLI ministry; each sector's ministry runs its own PLI within a common framework.
Source: en.wikipedia.org/wiki/Production_Linked_Incentive
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