PLI scheme incentive outgo could be less than Rs 40,000 crore by FY25

Govt estimates indicate not all 14 schemes may have fully taken off

The total incentive outgo under the ambitious production-linked incentive (PLI) scheme is estimated to be less than Rs. 40,000 crore by the fiscal year 2024-25 (FY25), when it completes the fourth year of implementation, according to the government’s internal estimates.

This means only a fifth of the allocated Rs. 1.97 trillion is expected to be utilised by the end of FY25, indicating that not all the 14 PLI schemes would have taken off fully.
 

While three of the 14 schemes — large-scale electronics manufacturing, bulk drugs, and medical devices — were introduced in 2020, the remaining were launched the following