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¾ Production linked incentive (PLI) scheme for Bulk drugs has been approved for promotion
of domestic manufacturing of 53 critical APIs in the country with a budget of INR 6,940
crore for the next eight years.

¾ Production linked incentive (PLI) scheme for Pharmaceuticals has been approved by the
Government of India on 24th March, 2021 with a total financial outlay of Rs. 15,000 crore
and three categories (biopharmaceuticals, API/KSM/drug intermediates, and drugs not
covered under Category 1 and Category 2) of pharmaceutical goods will be incentivized
under the scheme based on their incremental sales for 6 years. Among the three identified
product categories under the scheme as noted above, this scheme excludes the 41 bulk
drugs covered under the PLI for Bulk drugs.

¾ Production Linked Incentive (PLI) Scheme for Promoting Domestic Manufacturing of
Medical Devices was approved on 20 March, 2020. The total financial outlay of the Scheme
th
is Rs. 3,420 crore. The Scheme is applicable only to the greenfield projects and intends to
attract large investments in the medical devices sector. The four target segments of medical
devices are cancer care/ radiotherapy medical devices; radiology & imaging medical devices
and nuclear imaging devices; anesthetics & cardio-respiratory medical devices; renal care
medical devices and all implants including implantable electronic devices.

INFRASTUCTURE

8.36 Infrastructure is the back bone for any economy. The extent and quality of infrastructure
determines the ability of the country to utilize its comparative advantage and enables cost
competitiveness. Given the strong backward and forward linkages and the positive externalities
that infrastructure generates, it can be a vehicle for social and economic transformation.

National Infrastructure Pipeline (NIP)

8.37 Public Private Partnership in infrastructure has been an important source of investment in
the sector. As per the database of the World Bank on private participation in infrastructure, India
is ranked second among developing countries both by the number of PPP Projects as well as
the associated investments. Much of the Indian success in PPPs is attributed to development of
robust institutional structure, financial support, and use of standardized documents, both process
documents like Model Request for Qualification and Model Request for Proposal as well as
substantive documents like the Model Concession Agreements across infrastructure sectors.

8.38 The Public Private Partnership Appraisal Committee (PPPAC) which is responsible for the
appraisal of PPP projects has cleared 66 projects with a total project cost of Rs. 137218 crores
from 2014-15 to 2020-21. The government launched the Viability Gap Funding (VGF) scheme
for providing financial assistance to financially unviable but socially/ economically desirable
PPP projects. Up to 20percent of the project cost is funded under this scheme as a grant. Based
on the above, the total VGF amount disbursed between 2014-15 to 2020-21 by DEA is Rs.
2943 crores. Further, the Government of India has in November 2020 approved continuation
of and revamping of the Scheme for Financial Support to Public Private Partnerships (PPPs) in
Infrastructure Viability Gap Funding (VGF) Scheme till 2024-25. The revamped VFG scheme