Self-Reliance

PRODUCTION-LINKED INCENTIVE (PLI) SCHEME: FEATURES, SUCCESS, CHALLENGES, WAY FORWARD

The Production-Linked Incentive (PLI) scheme is a strategic economic plan aiming to transform India into a global manufacturing hub. It encourages large-scale investment, boosts exports, and creates jobs. Despite facing implementation challenges, its sectoral approach and performance-based design are crucial for its potential success.