Page 22 - NIS English 2021 November 1-15

COVER
आवरण INDIAN PRODUCTS
Cover
STORY
Story
कथा
BECOMING GLOBAL
PLI SCHEME OPENED THE WAY

You must have heard about various exemptions to industries to increase production, but for the
first time during the Covid pandemic, with an eye on turning adversity into opportunity, the central
government has made provision for production linked incentives for 13 important sectors related
to manufacturing in the general budget. Through this, a production target of about Rs 37 lakh crore
and 1 crore additional employment in 5 years has been fixed.

Food processing industry Pharmaceutical industry

Provision ` 10,900 Provision ` 15000
of crore of crore

2.50 Lakhs of 1.00 Lakhs of
employment
employment
opportunities.
opportunities.
Telecom
IT Hardware manufacturing

Provision ` 7350 Provision ` 12195
of crore of crore

1.80 Lakhs of 40 Lakhs of
employment
employment
opportunities.
opportunities.

AC-LED Bulb Solar PV Modules

Provision ` 6238 Provision ` 4500
of crore of crore

04 Lakhs of 1.50 Lakhs of
employment
employment
opportunities.
opportunities.

addressing the nation on May 12, 2020, during and small-medium industry ie MSME, which is
the Covid period, the Prime Minister announced also the means of livelihood of crores of people.
a package of Rs 20.97 lakh crores under the This economic package was announced keeping
Aatma Nirbhar Bharat campaign. It was not in mind that the workers and farmers of the
just a monetary incentive but a complete road country work day and night for the countrymen in
map on which India is moving. This affinity for every season. As a result of the various efforts
local products is not only limited to the festival taken to boost the industry the investment in
season but it is becoming a habit in our day-to- India is increasing. Today, India wants to become
day shopping. The aim of the package was to give self-reliant and empowered in every direction,
a boost to cottage industry, indigenous industry, from agriculture to astronomy, from disaster

20 New India Samachar November 1-15, 2021