Rs 8,083 crore for PLIs in Budget: The lion's share goes to electronics

As much as Rs 4499 core has been earmarked for large-scale manufacturing of electronics, including mobile devices

The Union Budget 2023-24 has earmarked Rs 8,083 crore for production-linked incentive (PLI) schemes, the bulk of the money going to large-scale electronics manufacturing, pharma, auto and auto components, and food processing.
 

Of the 13 PLI schemes covered in these segments, 10 of them account for 99 per cent of the money the Budget has earmarked across government ministries and departments. The allocation is a substantial jump from the revised Budget estimates for these schemes in FY22-23, which is pegged at Rs 4,800 crore.
 

The lion’s share of the money — Rs 4,499 crore — has been allotted to PLIs