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9min chapter
Rohit Lamba Reimagines India’s Economic Policy Emphasis
Ideas of India
Critique of India's Manufacturing Policy and Subsidies
A critical analysis of the PLI scheme in India, exploring the focus on high-end manufacturing and government intervention in selecting winners. Deliberation on the drawbacks of current policies in promoting innovation, job creation, value chains, and exports, and consideration of alternatives like a Universal Basic Income subsidy.
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