Do production-linked incentives for manufacturing work? | The Hindu Parley Podcast
Parley by The Hindu
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The Need for a PLI Scheme in India
Prashan: A PLI is based on the idea of supply-side economics, which means that we give incentive to the private sector to produce. I think targeting is clearly very important when you decide to incentivize certain industries and what do you focus on? He says a country of India's size cannot remain dependent on imports of these equipment and semiconductors. "We need to get into the manufacturing of solar panels," he adds.
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