Budget 2023: Many PLI schemes are in the pipeline, says Piyush Goyal

In a post-Budget interview, Union Minister for Commerce and Industry, Food and Public Distribution Piyush Goyal talked to Shreya Nandi about production-linked incentive (PLI) schemes, the rationale behind a rejig in the Customs duty, and food subsidy, among other. Edited excerpts:

There has been a lot of buzz around new PLI schemes.

The finance minister has already provided Rs 1.97 trillion (for PLI schemes), plus Rs 76,000 crore for the semiconductor industry. So, as and when other PLI schemes get approved, the Cabinet is empowered to approve it. It doesn't need to go through a budgetary process the second time.