Finance Minister Nirmala Sitharaman has revealed the big economic takeaways of the Production Linked Incentives (PLI) scheme of the central government. In a statement in the Rajya Sabha, the FM said the PLI scheme has attracted investments of more than ₹1.5 lakh crore, generated 9.5 lakh jobs and helped boost exports by ₹4 lakh crore. She added that due to PLI scheme, 99.2% of the mobile phones used in India were manufactured locally and handsets worth $15.6 bn were exported in 2023-24.
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