ENA Sectors 2022-02-01 07:59:59 <p><strong>New Delhi, Feb 1 (KNN)</strong> The Union Budget 2022-23 has proposes to allocate Rs 19,500 crore to boost manufacturing of solar modules under the governments flagship Production Linked Incentive scheme.</p> <p>She further mentioned that the scheme has potential to create 60 lakh new jobs and additional production of 30 lakh crore jobs during next five years.</p> <p>To facilitate domestic manufacturing for the ambitious goal of 280 GW of installed solar capacity by 2030, additional allocation of Rs 19,500 cr for PLI for manufacturing of high-efficiency modules with priority to fully integrate manufacturing units to solar PV modules will be made, Sitharaman said in her speech.</p> <p>An outlay of Rs 1.97 Lakh Crores for the Production Linked Incentive (PLI) Schemes across 13 key sectors was already announced.</p> <p>The government first announced three schemes in March 2020, while 10 new PLI schemes were introduced in November 2020. Sectors that have been covered include electronics manufacturing, Automobiles &amp; Auto Components, Speciality steel, Textile, Drone and drone components, Pharmaceuticals drug, Telecom and Networking, among others. <em><strong>(KNN Bureau)</strong></em></p> 28236 https://knnindia.co.in/news/newsdetails/sectors/union-budget-2022-23-pli-scheme-extended-to-solar-equipment-rs-19500-cr-allocated-to-boost-manufacturing-of-solar-modules 2022-02-01 07:59:59 knnindia.co.in