The path towards an Atmanirbhar Bharat traverses through an overhaul of industrial policies. Comment, with special reference to the Production Linked Incentive (PLI) scheme.
Main Body
Atmanirbhar Bharat is a scheme to ensure self-sufficiency in key industries under the larger vision of Make In India - Make for the world. It is in response to foreclosing onslaught of trade war, supply chain weaponization, however it is not a protectionist.
Sub-Productivity Linked Incentive Scheme
The scheme welcomes new investments but has limited window.
Overhaul of Industrial Policies:
This will make our products competitive. Besides it shows that industrial policies need integrated overhaul.
— AKANSH DHULL · AIR 3
Conclusion
15 words
- Clear definition of Atmanirbhar Bharat and its strategic rationale
- Specific mention of sectors covered by PLI
- Mentions percentage incentives (4-6%)
- Distinguishes from protectionism
- Specific comparative cost data provided
- Identifies two critical factors: cost of capital and cost of power
- Recognizes need for broader policy overhaul beyond individual schemes
- Concrete examples from China and Vietnam
AKANSH DHULL
Government Policies and Interventions - Design, Implementation and Issues
Government Schemes and Policies
Make in India and Atmanirbhar Bharat
204
Total words
7
Paragraphs
4
Bullets
analytical with comparative focus
Tone