 "PLI scheme, electronics, microchip, IT, hardware, technology, manufacturing")
The government has raised the budgetary outlay for production-linked incentive (PLI) scheme for IT hardware from Rs 17,000 crore compared to the previous allocation of Rs 7,325 crore and extended the tenure to boost electronics manufacture. This could be a major policy risk in terms of deviating focus from the hard work of creating enabling conditions for a large and diverse manufacturing base in the country. The fiscal incentive can only be one of many variables determining actual investment decisions, the top edit contends. Read it here
In other views:
Ajay Chhibber says India’s six-rank jump up the World Bank’s Logistics Performance Index indicates how far the government’s focus on logistics is bearing fruit. Read it here
Ajay Srivastava points to data showing India’s decreasing import dependency on China. Read it here
The second edit argues that the scope for ONDC disrupting Big Commerce is untested yet. Read it here
