Telecom PLI gets DoT’s backing even as half firms miss incentives

The department of telecommunications (DoT) is expected to give a positive account of the telecom production linked incentive (PLI) scheme at a meeting which the Cabinet secretary is expected to convene to review the performance of all the PLI programmes.

Sources said that the DoT’s response to this effect assumes significance as only half of the approved firms have so far claimed incentives. However, officials said that this is not much of a concern as overall the scheme has delivered on its core objectives.