Big bets on PLI schemes to find pot of gold at the end of the rainbow

The govt is going all out to push its ambitious production-linked investment scheme to help Indian manufacturing scale up and make India an export hub

Last week Amitabh Kant, chief executive (CEO) of NITI Aayog, told 40 top corporate honchos that they should not treat the government’s production-linked incentive (PLI) sch­eme as a subsidy programme, but as a support from the government to build size and scale in manufacturing so they can bec­ome global champions, as well as integrate with local small and medium enterprises (SMEs).
 
He assured India Inc that with regard to the PLIs, they could co­me to the government at any time — be it NITI Aayog, admin­istrative ministers or empowered comm­ittees — for help in resol­ving their problems or even