Production Linked Incentive Scheme — Prelims Strategy
Prelims Strategy
For Prelims preparation on PLI scheme, focus on memorizing specific data points: total outlay (₹1.97 lakh crore), number of sectors (14), major allocations (automobiles ₹57,000 crore, electronics ₹41,000 crore), and performance metrics.
Create sector-wise fact sheets with investment thresholds, incentive rates, and key beneficiaries. Pay special attention to constitutional provisions (Article 39b, 39c) and legal framework aspects. Common traps include confusing PLI with export promotion schemes, misunderstanding the performance-based structure, and mixing up sectoral data.
Use elimination techniques by understanding PLI's core principles: performance-based, time-bound, WTO-compliant production subsidies. Practice questions on scheme comparisons, particularly with traditional subsidies and export incentives.
Stay updated on latest sectoral additions, budget revisions, and performance data releases. Focus on understanding the scheme's integration with broader policy initiatives like Make in India and Atmanirbhar Bharat for interconnected questions.