PLI Scheme Draws Massive Investment

April 21, 2022
Current Context: The Performance Linked Incentive Scheme has attracted investment of 2.34 Lakh Crore Rupees.
PLI Scheme Draws Massive Investment
  • Performance Linked Incentive (PLI), has been launched to offer cash incentives for 3-5 years on the incremental sale of domestically produced goods. The Scheme has a total outlay of 1.97 Lakh Crore Rupees. The Scheme caters to 14 sectors.
  • The PLI has attracted 2.34 Lakh Crore Rupees across 14 sectors whose details have been underlined below.
  • Sl No

    Sector

    Investment

    1.

    Auto & Auto Components

    45,000 Cr

    2.

    Solar + Renewable Energy

    30,000 Cr

    3.

    Advanced Chemistry Cells

    45,000 Cr

    4.

    Steel

    39,625 Cr

    5.

    Textiles

    19,000 Cr

    6.

    Mobile & Electronics

    11,573 Cr

    7.

    Food Processing

    8,212   Cr

  • As per the Government data, this investment of 2.34 Lakh Crore as a response to the Government’s support to 14 Sectors in the backdrop of the pandemic, is expected to have created 6.45 mn additional Jobs.

Question:

Q.1 How much has the Government of India allocated for the PLI Scheme across 14 sectors, post-pandemic?
a. 1.97 Lakh Crore Rupees
b. 2.34 Lakh Crore Rupees
c. 2.32 Lakh Crore Rupees
d. 3.34 Lakh Crore Rupees

Free Exam Resources

Useful material to support your preparation, revision and exam planning.

Continue on BankExamsToday

Revise notes, practice questions and resume anytime.

Meet your mentor

From the Founder

Ramandeep Singh, founder of BankExamsToday

Ramandeep Singh

Banking Educator · Former Banker

Former banker and educator helping aspirants prepare for banking promotion and specialist officer exams with focused, practical guidance.

14+
Years' experience
5,000+
Selections
Ex-BoB
Banking experience