Decision on introducing PLI in key sectors will give right impetus to economy: Amit Shah

New Delhi: Union Home Minister Amit Shah on Wednesday said the union cabinet’s approval to introduce the Production-Linked Incentive (PLI) Scheme in 10 key sectors will give the right impetus to the Indian economy and is aimed at promoting job creation.

The Home Minister said in tweets that the move is aimed at promoting job creation, linking India to the global value chain & building a self-reliant India.

“Today is a historic day for India as the Union Cabinet under the visionary leadership of PM @narendramodi ji approved Production Linked Incentive (PLI) for 10 identified sunrise sectors. An incentive of about Rs 2,00,000 Cr will be provided to them over the next 5 years,” Shah said.