The government today said it has approved a production-linked incentive (PLI) scheme for solar panels, air-conditioners and LED light sectors with a total outlay of Rs 10,738 crore, which will be spent in the next five years.
The decisions in these regards were taken at a meeting of the Union Cabinet chaired by Prime Minister Narendra Modi, said Union Minister Piyush Goyal, adding the outlay for solar panel is Rs 4,500 crore and for the white goods such as refrigerators and LEDs, the government has earmarked Rs 6,238 crore.