IT, pharma, electronics departments ask for top-up funds in PLI push

Govt sets up panel to look into demand after strong industry response

Key government departments, such as pharmaceutical, electronics and info­r­mation technology, and new and renewable energy, have sought approval of addit­ional funds for their production-linked incentive (PLI) schemes, following a better-than-exp­ected response from industry and also to give a fur­ther leg up to domestic manufacturing. An empowered group of secretaries headed by Cabinet Secretary Rajiv Gauba is likely to soon consider these demands.

A panel comprising NITI Aayog CEO Amitabh Kant and officials from the Department for Promotion of Industry and Internal Trade (DPIIT), the Ministry of Finance are currently studying these demands and looking into whether unutilised funds from other