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India's PLI scheme - is it working?

All Things Policy

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Evaluating India's PLI Schemes

This chapter examines the scope and impact of India's Production-Linked Incentive (PLI) schemes aimed at bolstering manufacturing across key sectors. It critiques the effectiveness of these incentives in fostering job creation and supporting emerging industries, particularly focusing on the challenges faced by MSMEs. Additionally, the analysis reveals inconsistencies in the performance expectations of sectors involved and questions whether the schemes truly promote local manufacturing or simply facilitate reliance on imports.

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