Do production-linked incentives for manufacturing work? | The Hindu Parley Podcast
Parley by The Hindu
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The Problem With Demand in the Economy
Lack of demand slow down investment, whether it be in advanced areas or other areas. India invest only 0.75% of GDP on R&D, which is much less than most dynamic economy spent. So we need to spend a lot more on education sector at all levels. Education has to be freed from bureaucratic control and greater autonomy needs to be given to academia.
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