Impact Assessment of PLI Schemes

Why in News?

NITI Aayog has released a report titled “Impact Assessment of PLI Schemes”, prepared in collaboration with the Indian Institute of Management (IIM), Ahmedabad, which served as the knowledge partner.

About PLI Schemes

• PLI Schemes are a flagship Government of India initiative aimed at strengthening domestic manufacturing and promoting Atmanirbhar Bharat.
• They cover 14 key sectors notified by the Government.
• The schemes seek to attract investment, expand production capacity and integrate Indian firms into global value chains.

Key Objectives

• Promote domestic and foreign investment in manufacturing.
• Increase domestic production and exports.
• Generate employment opportunities.
• Achieve economies of scale and improve manufacturing competitiveness.
• Deepen domestic value addition.
• Strengthen India’s integration into global value chains.

Key Findings and Scope of the Report

• Provides a sector-wise assessment across all 14 PLI sectors.
• Examines the impact of the schemes on:
  1. Investment
  2. Additional production
  3. Exports
  4. Employment generation
• Assesses scheme performance primarily through three parameters: investment, production and employment.

Institutional Framework

• NITI Aayog: Released the impact assessment report.
• IIM Ahmedabad: Knowledge partner in preparing the report.
• Department for Promotion of Industry and Internal Trade (DPIIT): Nodal department for overall coordination and monitoring of PLI schemes.
• Administrative Ministries/Departments: Responsible for implementing their respective schemes.
• Empowered Group of Secretaries (EGoS): Reviews implementation periodically; chaired by the Cabinet Secretary.

Source: PIB

CLICK HERE: GS TIMES UPSC PRELIMS & MAINS CURRENT AFFAIRS BASED DAILY TEST (ENG & HINDI)

DOWNLOAD PDF: GS TIMES UPSC (CSE) PRELIMS & MAINS CURRENT AFFAIRS BASED MONTHLY TEST PDF

CLICK HERE: DAILY CURRENT AFFAIRS QUIZ (FOR ALL EXAMINATIONS)

CLICK HERE FOR GS TIMES PRAHAR UPSC GS MAINS TEST SERIES