Mint Explainer | Why PLI Auto payouts are set to surge in FY27
Is the increase in incentives in line with the scheme’s goals?
The Centre’s FY27 Outcome Budget targets ₹5,922 crore in PLI Auto incentive disbursals, against an allocation of ₹5,939 crore. That is broadly in line with the scheme’s original third-year payout target of ₹5,925 crore, but the ministry’s current ₹4,700-crore estimate is still 21% lower than the target.
