Ashwini Vaishnaw says mobile PLI scheme generated Rs 25,000 crore in direct taxes, employs 12 lakh people

The government’s mobile phone production-linked incentive (PLI) scheme has generated Rs 25,000 crore in direct tax collections against an incentive payout of Rs 19,000 crore, Union Minister for Electronics and Information Technology Ashwini Vaishnaw said, highlighting the financial returns and employment generated by India’s mobile manufacturing sector.

In a post on X on Wednesday, Vaishnaw said the government had paid Rs 19,000 crore in incentives under the mobile PLI scheme, while direct tax collections stood at Rs 25,000 crore and Goods and Services Tax (GST) collections at Rs 3,000 crore.

Read more

You may also like

Comments are closed.

More in Newspapers