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The PLI scheme was notified and launched in 2020 by the Central government with the aim of boosting manufacturing, attracting investment, and reducing India’s import dependence for sectors like automobiles, electronics and pharmaceuticals.
Reorienting the production-linked incentive (PLI) schemes by focusing on labour-intensive industries instead of the current focus on capital-intensive ones could help increase job creation, according to a report released by the National Council of Applied Economic Research (NCAER).
The report states that increasing focus of PLIs on labour-intensive sectors such as textiles, garments, footwear, and food processing may lead to a higher job multiplier. A job multiplier indicates the number of jobs created in an economy for one job created in a particular industry as the current PLI schemes are mainly concerned with increasing the
