Production Linked Incentive Scheme

• PLI is an outcome-based manufacturing incentive scheme — cash incentives (4–6% typically) on incremental sales of goods manufactured in India over a base year.
• Launched in 2020 to operationalise Atmanirbhar Bharat and reduce import dependence in strategic sectors.
• Covers 14 sectors with a cumulative incentive outlay of ₹1.97 lakh crore (~₹1.91 lakh crore commonly cited).
• Examinable across GS-III (economy, industrial policy, manufacturing) — schemes, ministries, sectoral data are direct prelims fodder.