Production Linked Incentive Scheme
- PLI Scheme is an outcome-linked, output-based subsidy programme giving incentives (typically 4–6% of incremental sales) to manufacturers in 14 strategic sectors to make India a global manufacturing hub under Atmanirbhar Bharat.
- Total committed incentive outlay: ₹1.97 lakh crore (~US$26 bn) across 14 sectors notified between Mar 2020 and Sep 2021.
- Marks a paradigm shift from input-based subsidies (capex grants, tax holidays) to performance-linked disbursal tied to incremental production, investment and sales.