Budget 2023: PLI Schemes May Get BIG Boost! Increased Alloca

The Modi government is likely to 'substantially' increase the allocation for ongoing Production-Linked Incentive (PLI) schemes in the budget session that will take place on 1 February 2023, Economic Times reported quoting people with knowledge of the matter. It added that some new sectors may be included in the programme that seeks to boost domestic manufacturing, aid exports, and spur investment in the country. -- aaa

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