PolicyBusiness Standard
PLI schemes meet 28% employment target by FY26
Negative-51
GreyOak summary
A NITI Aayog report states India's Production Linked Incentive (PLI) schemes achieved only 28% of their employment target by FY26, creating 849,069 jobs against a 3 million goal. While investment reached 76% of the target, employment performance dropped significantly in FY26 after earlier gains. The report calls for refining the scheme's design to ensure sustained industrial transformation.
What it affects
- Sector policyNegative -51
Employment target achievement fell to 28% by FY26.Rolling sentiment Positive +52
