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πŸ“° News ⏱ 2 min
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Key Points

5 points
1

New plan called Production Linked Incentive gives rewards to factories.

2

Attracted roughly 2.5 trillion Indian rupees in investment.

3

Resulted in about 22 trillion rupees in production and sales.

4

Exports grew to about 15 trillion rupees.

5

More than 1.4 million jobs were created.

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Summary

Big companies put a lot of money into building things, about 2.5 trillion rupees.

Because of the plan, factories made and sold about 22 trillion rupees worth of goods.

The plan also helped the country sell about 15 trillion rupees to other countries and created over 1.4 million new jobs.

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New Words to Learn

7 words
Production Linked Incentive
A program that gives extra money to companies that make more things
investment
Money put into a business to help it grow
rupee
India’s money
global
Worldwide, involving many countries
geopolitical
How countries work together or argue with each other
economy
All the buying, selling, and making of things in a country
partnership
Working together with others
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