Will the PLI Scheme help achieve scale in Indian manufacturing?

Exports

The Production-Linked Incentive (PLI) Scheme was announced for pharmaceuticals and medical devices in March 2020, and notified in July 2020 for mobile and allied equipment. The scheme has received the green signal from the Union Cabinet (PIB, 2020). Subsequently, ten sectors have been identified for the scheme; these are advance chemistry cell (ACC) batteries, electronic/technology […]

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Can the RCEP strengthen global cooperation for trade, investment and sustainable development? (with Amrita Saha)

Economy

The Regional Comprehensive Economic Partnership (RCEP), a historic trade agreement accounting for nearly 30% of global GDP, was signed on 15 November 2020 by fifteen Asia-Pacific countries, including China, Japan, South Korea, Australia and New Zealand. With the potential to impact lives of one third of the global population, RCEP is being heralded as the […]

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The developer’s dilemma in India – the role of politics and economic ideology (with Sabyasachi Kar)

Economy

Policy makers seeking inclusive growth frequently face the developer’s dilemma between prioritizing structural transformation, which is potentially inequitable, and keeping a check on rising economic inequality. How this dilemma is resolved by different countries and what factors influence the choices made, are important research questions. In a new working paper, we analyse the Indian developmental […]

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