Budget 2023: Govt may bump up allocation for existing PLI schemes - Business News: Latest News & Videos about market and economy | Trendmergers

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Budget 2023: Govt may bump up allocation for existing PLI schemes

Allocations for sectors that have seen a high impact on the ground under active PLI schemes such as electronic manufacturing and IT hardware could be raised, people familiar with the deliberations told ET. Finance minister Nirmala Sitharaman had in the FY22 budget announced ₹1.97 lakh crore for PLI schemes that now cover 14 key sectors. This incentive amount, which is for the five-year period beginning FY22, may be raised in the budget.

from Stocks-Markets-Economic Times
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