Central government to introduce 7-8 PLI schemes in next Budget: Report

The new PLI schemes will likely cover segments like textiles, electronic components, furniture, toys and leather

In a bid to push privatisation further, the central government may announce 7-8 new production-linked incentive (PLI) schemes in the upcoming Union Budget. The schemes will cover segments like textiles, electronic components, furniture, toys and leather, a report by Financial Express (FE) said. 

According to media reports, the capital expenditure target may also see a spike. A report in Mint had earlier stated that the capex may be raised from Rs 7.5 trillion in the current year to Rs 10 trillion in FY24. 

"This will be important for the NDA government as well, in the build-up to the 2024 general election.