 "air conditioner")
The government is in the process of doing a third-party assessment of the production-linked incentive (PLI) scheme for white goods (air conditioners and light-emitting diode lamps), Department for Promotion of Industry and Internal Trade (DPIIT) Secretary Rajesh Kumar Singh said on Thursday.
The assessment will be to see whether the objective of the scheme, intending to make India a manufacturing powerhouse, has been achieved.
The Arun Jaitley National Institute of Financial Management has been commissioned to do the study.
While the government has rolled out 14 PLI schemes in the same number of sectors, departments in charge of the remaining schemes will take a call on whether there will be third-party assessments of other schemes.
DPIIT Joint Secretary Sanjiv said the institute would look at the scheme from all angles, including “how the scheme is working, and whether there is a need for any course correction or tweaking”.
Singh said: “The intent is to get feedback on how these interventions have helped and the quantifiable outcomes that have come out.”
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That apart, the DPIIT is gearing up for a review of all PLI schemes on January 12. This will give clarity about the incentive payouts to companies.
For now, the government will focus on the PLI schemes for 14 sectors and for the time being is not considering including new sectors like toys.
“We will focus on ensuring these existing schemes get implemented well and thereafter we will see,” Singh told reporters.
Status check
The assessment will see whether the stated objective of the scheme has been achieved
Another aim is to ascertain whether there is a need for any course correction or tweaking
DPIIT is also gearing up for a review of all PLI schemes on January 12
