Business & Economy Government Policies

Production Linked Incentive Scheme: Structure, Impact and Challenges

The Production Linked Incentive Scheme is an intended change in the institutional structure of the Indian industrial policy towards a more performance-oriented fiscal intervention structure. The scheme, which aims to promote scale production by inducing output-related incentives gradually, is a break with the previous system of subsidy regimes based on either protectionism, capital grants, or […]