Economics • Indian EconomyEasy
What is the primary focus of the 'Production Linked Incentive (PLI) Scheme' introduced by the Government of India?
A. To provide direct cash transfers to rural households below the poverty line.
B. To boost domestic manufacturing capacity, enhance exports, and attract global investments in targeted sectors.✓ Correct Answer
C. To subsidize agricultural fertilizer consumption and promote organic farming.
D. To waive institutional loans for small and marginal farmers.
💡 Solution & Explanation
The Production Linked Incentive scheme aims to boost domestic manufacturing capabilities, increase export competitiveness, and attract global investments across targeted industrial sectors. It avoids broad agricultural loan waivers or direct cash transfers to households, focusing strictly on incremental output manufacturing.
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