EPISODE · Feb 27, 2025 · 28 MIN
Out With The Old, In With The New - India's Industrial Policies
from All Things Policy · host Takshashila Institution
One of the key objectives of any economy’s industrial policy is to boost domestic manufacturing. India’s manufacturing sector, however, has remained stagnant. In addition, India's industrial policies have sometimes violated WTO norms and resulted in a number of trade disputes. Is India creating norms of it’s own when it comes to such policies or is it just following the crowd? In this episode of All Things Policy, Kripa Koshy is joined by Sarthak Pradhan (Assistant Professor, Takshashila), where Sarthak argues that India isn’t creating any new norms with regard to its industrial policies. Further, India should remove obstacles to private investments and implement a number of factor market reforms if it is indeed interested in boosting manufacturing.The PGP is a comprehensive 48-week hybrid programme tailored for those aiming to delve deep into the theoretical and practical aspects of public policy. This multidisciplinary course offers a broad and in-depth range of modules, ensuring students get a well-rounded learning experience. The curriculum is delivered online, punctuated with in-person workshops across India.https://school.takshashila.org.in/pgpAll 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
What this episode covers
One of the key objectives of any economy’s industrial policy is to boost domestic manufacturing. India’s manufacturing sector, however, has remained stagnant. In addition, India's industrial policies have sometimes violated WTO norms and resulted in a number of trade disputes. Is India creating norms of it’s own when it comes to such policies or is it just following the crowd? In this episode of All Things Policy, Kripa Koshy is joined by Sarthak Pradhan (Assistant Professor, Takshashila), where Sarthak argues that India isn’t creating any new norms with regard to its industrial policies. Further, India should remove obstacles to private investments and implement a number of factor market reforms if it is indeed interested in boosting manufacturing.The PGP is a comprehensive 48-week hybrid programme tailored for those aiming to delve deep into the theoretical and practical aspects of public policy. This multidisciplinary course offers a broad and in-depth range of modules, ensuring students get a well-rounded learning experience. The curriculum is delivered online, punctuated with in-person workshops across India.https://school.takshashila.org.in/pgpAll 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
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Out With The Old, In With The New - India's Industrial Policies
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