The government decides to keep the public sector bank employees’ PLI scheme for 2025-26 in abeyance. The move is reported as part of the government’s approach to the scheme’s rollout for the coming financial year.
The decision comes amid wider labour and industry pressure related to public sector banks. NDTV links the timing to a nationwide bank strike call by the UFBU (United Forum of Bank Unions), which presses for multiple demands, including issues related to the PLI scheme.
While details of the government’s rationale beyond the “abeyance” status are not provided in the available reports, the outlet frames the development as occurring against the backdrop of upcoming industrial action and negotiations between unions and authorities. The reports emphasize the connection between the policy status and the broader disputes underway in the banking sector.
