India's PLI scheme - is it working?

Join Miheer Karandikar and Arindam Goswami in this episode of All Things Policy, in which we unpack a scheme that was touted as a game-changer in India's industrial landscape—the Production Linked Incentive (PLI) scheme. Launched to position India as a global manufacturing hub, these schemes aim to boost domestic production, attract investments, and reduce import dependencies. But is the PLI strategy delivering on its promises? Are there hidden costs or unintended consequences we need to consider? Join us as we unravel the complexities of PLI schemes and explore how these incentives are reshaping industries and India's economic trajectory. Miheer has written a wonderful op-ed in this topic, which you can read here: https://www.moneycontrol.com/news/opinion/india-s-pli-scheme-challenges-and-the-path-forward-12904755.html All Things Policy is a daily podcast on public policy brought to you by the Takshashila Institution, Bengaluru. ⁠⁠⁠⁠⁠⁠ Find out more on our research and other work here: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://takshashila.org.in/⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠...⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Check out our public policy courses here: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://school.takshashila.org.in