For High Growth, Govt Must Reverse Atmanirbhar, Rethink Econ Policies—Former CEA Arvind Subramanian скачать в хорошем качестве

For High Growth, Govt Must Reverse Atmanirbhar, Rethink Econ Policies—Former CEA Arvind Subramanian

In an interview to Karan Thapar for The Wire, Arvind Subramanian, who served as Chief Economic Advisor from October 2014 till June 2017 called upon the government to abandon its national champion policy in favour of an approach that treats all firms equally, lower trade barriers whilst ensuring greater integration into global supply chains and improve policymaking to give India a stable economic environment in which manufacturing and exports can flourish. Speaking specifically about the production-linked scheme (PLI), which he calls “subsidy-raj”, he said “it carries all the risks of the old licence-raj … hard to enforce, driven by arbitrary decision-making and creates a system of entitlement.” Join The Wire's Youtube Membership and get exclusive content, member-only emojis, live interaction with The Wire's founders, editors and reporters and much more. Memberships to The Wire Crew start at Rs 89/month.    / @thewirenews