Centre disburses Rs 4,415 crore under eight PLI schemes so far

New Delhi: The government has disbursed Rs 4,415 crore under Production-Linked Incentive (PLI) schemes for eight sectors, including electronics and pharma, till October this fiscal, an official said on Wednesday.

A total of Rs 1,515 crore was disbursed in FY24 till October, while it was Rs 2,900 crore in 2022-23, when payments under the scheme commenced.

“Incentive amount of around Rs 4,415 crore disbursed under PLI Schemes for eight sectors including large-scale electronics manufacturing, IT hardware, bulk drugs, medical devices, pharma, telecom, food processing, and drones,” Additional Secretary in the Department for Promotion of Industry and Internal Trade (DPIIT) Rajeev Singh Thakur told reporters here.