Remaking PLI: Can a revamp of the scheme plug the gaps and speed things up

PLI is Prime Minister Narendra Modi's dream scheme to transform India into a manufacturing hub for the world

Last week, Cabinet Secretary Rajiv Gauba chaired a meeting of the empowered group of secretaries to oversee the progress of the production-linked incentive (PLI) scheme. This came amid concerns over slow takeoff in some sectors and delays in processing of incentives. The secretaries asked the NITI Aayog to set up a mechanism to review the workings of the project management agencies, which process the incentives, and look at tweaking the rules, if needed.

"Can a revamp of the scheme plug the gaps and speed things up, so that the ambitious targets can be achieved?"

PLI is Prime Minister Narendra Modi’s dream scheme