Centre releases Rs 2,874 crore to PLI beneficiaries so far, says DPIIT official https://ift.tt/FnGprlv

The Indian government has disbursed 2,874.71 crore rupees ($388m) to beneficiaries of its production-linked incentive scheme. The majority of companies, from eight sectors including electronics, telecoms and pharma, have received funds from the scheme, set up in 2020, primarily to enhance domestic manufacturing capacity and boost exports. To date, incentive claims worth over 3,420.05 crore rupees have been received for eight of the 14 sectors covered, with 2,800 crore rupees disbursed to those sectors.

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