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Key Points

6 points
1

Government replaced the old ‘punishment’ model with the Production Linked Incentive reward model.

2

Investment attracted: ~2.5 trillion Indian rupees.

3

Production and sales value: ~22 trillion Indian rupees.

4

Export value: ~15 trillion Indian rupees.

5

Jobs created: over 1.4 million.

6

Goal: encourage manufacturing, investment, and global partnerships.

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Summary

The Production Linked Incentive program has drawn about 2.5 trillion rupees in investment.

It has led to production and sales worth roughly 22 trillion rupees and exports around 15 trillion rupees.

The scheme has also generated over 1.4 million jobs and aims to boost cooperation with other countries.

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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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