August 21, 2026 9:47 PM
India Moved from Production-Linked Punishment to Incentivising Production Through PLI: PM Modi
Prime Minister Narendra Modi on Friday said India had moved away from the “Production Linked Punishment” approach associated with the Licence Raj era to a model that incentivises higher production, citing the performance of the Production Linked Incentive (PLI) scheme as evidence of the country's changing economic approach. Addressing a media event in the national capital, PM Modi said the PLI scheme had attracted ₹2.5 lakh crore in investment and resulted in production and sales worth ...