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of <h1>India Allocates INR 1.97 Lakh Crore for PLI Schemes in 13 Sectors to Boost Manufacturing and Exports.</h1> India has announced an outlay of INR 1.97 lakh crore for Production Linked Incentive (PLI) schemes across 13 key sectors in the Union Budget 2021-22, aiming to boost manufacturing and exports over five years starting FY 2021-22. The sectors include mobile manufacturing, pharmaceuticals, automotive, and advanced chemistry cell batteries, among others. The government aims to create a robust supplier base and enhance employment through these schemes. Efforts are ongoing to attract investment via initiatives like Make in India, infrastructure development, and policy reforms. An Empowered Group of Secretaries and Project Development Cells have been established to facilitate investment and improve coordination between government levels.
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