India’s new Industrial policy is a replay of socialist era follies

Source: Live Mint Relevance – An analysis of govt’s Industrial policies. Synopsis: It took decades for India to shift from its inward-looking and uncompetitive manufacturers. Now the government is again giving importance to inward-looking and uncompetitive companies to produce for the domestic market. Background: One of this government’s first promises was to revive the manufacturing… Continue reading India’s new Industrial policy is a replay of socialist era follies