Singh's statement holds significance as the government had announced the PLI scheme for 14 sectors, including telecommunications, white goods, textiles, and pharmaceuticals, with a total outlay of ₹1.97 lakh crore. However, only ₹2,900 crore has been disbursed out of the ₹3,400 crore claims received as of March 2023. Another report indicates that only two or three sectors are expected to meet their first-year targets under the scheme. Launched in March 2020, the PLI scheme received funds for the first time in the Budget for 2021-22.
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