Manufacturing push: why India's Production-Linked Incentive scheme needs a rethink
· livemint.com
The government should review its PLI scheme. This industrial policy’s record has been patchy at best. Broadly, India must let the market shape outcomes—except in sectors where this would go against the country’s strategic interests.
All this, however, may not do much to alleviate macro adversity in the broader context of a weakening currency amid waning investment interest. The policy spotl...