Yesterday, the finance minister announced a new scheme to boost the manufacturing of cell phones and electronic equipment in India. But what is the need for a new scheme when there already exists schemes to promote manufacturing in India? This note tries to analyze the reasons and evaluates the challenges and opportunities associated with its execution.
Indian Production Linked Subsidy Review
The recently unveiled budget presents a timely opportunity to assess the progress of India's widely discussed Production-Linked Incentive (PLI) subsidy....
