Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 150
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
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Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 151
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
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Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
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Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]
Code Context
            if (Configure::read('debug')) {

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        LATEST NEWS UPDATES | A re-look at production-linked incentives -Prashanth Perumal J    </title>
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The best way to support the manufacturing sector is to free it from the umpteen regulations that have stalled investment for decades

Many Indians on a daily basis use sophisticated goods that are either fully imported or just simply assembled..."/>
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The best way to support the manufacturing sector is to free it from the umpteen regulations that have stalled investment for decades

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                            <p style="text-align:justify">-The Hindu</p><p style="text-align:justify"><em>The best way to support the manufacturing sector is to free it from the umpteen regulations that have stalled investment for decades</em></p><p style="text-align:justify">Many Indians on a daily basis use sophisticated goods that are either fully imported or just simply assembled in India. This is because India lacks a well-developed manufacturing supply chain that could help produce things from scratch. To tackle this, in 2020, the Central government came up with the Production Linked Incentive (PLI) scheme that proposed to promote the domestic manufacturing sector, create more jobs, and cut down on imports. Under the PLI scheme, the government has offered subsidies as high as 50% to companies producing goods, ranging from semiconductor chips to drones. Naturally, several companies have competed for these subsidies. According to the government, hundreds of companies across 14 sectors have been shortlisted to receive subsidies.</p><p style="text-align:justify"><em>Comparing sectors</em></p><p style="text-align:justify">Over the years, many experts have strongly argued that India&rsquo;s manufacturing sector, which contributes to about 15% of the country&rsquo;s gross domestic product (GDP), is too tiny to absorb excess labour from the agricultural sector. Their contention may be true. But the only way to know the right size of manufacturing or any other sector in any economy is by letting market forces play out. At the end of the day, whether a piece of land is best &nbsp;used to raise a crop, or build a semiconductor chip manufacturing unit, or set up an information technology park depends on &nbsp;consumer demand for their final output. It is not the job of economic policymakers to promote the allocation of resources towards particular sectors; it is a job best left to entrepreneurs.</p><p style="text-align:justify">Please <a href="https://www.thehindu.com/opinion/op-ed/a-re-look-at-production-linked-incentives/article65940971.ece" title="https://www.thehindu.com/opinion/op-ed/a-re-look-at-production-linked-incentives/article65940971.ece">click here</a> to read more.&nbsp;</p>                                                           
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    <br><a href="https://www.thehindu.com/opinion/op-ed/a-re-look-at-production-linked-incentives/article65940971.ece" class="re" target="_blank">The Hindu, 27 September, 2022, https://www.thehindu.com/opinion/op-ed/a-re-look-at-production-linked-incentives/article65940971.ece</a><div class="clear"></div>
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The best way to support the manufacturing sector is to free it from the umpteen regulations that have stalled investment for decades

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    <h1 class="cat-box-title">A re-look at production-linked incentives -Prashanth Perumal J</h1>
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                            <p style="text-align:justify">-The Hindu</p><p style="text-align:justify"><em>The best way to support the manufacturing sector is to free it from the umpteen regulations that have stalled investment for decades</em></p><p style="text-align:justify">Many Indians on a daily basis use sophisticated goods that are either fully imported or just simply assembled in India. This is because India lacks a well-developed manufacturing supply chain that could help produce things from scratch. To tackle this, in 2020, the Central government came up with the Production Linked Incentive (PLI) scheme that proposed to promote the domestic manufacturing sector, create more jobs, and cut down on imports. Under the PLI scheme, the government has offered subsidies as high as 50% to companies producing goods, ranging from semiconductor chips to drones. Naturally, several companies have competed for these subsidies. According to the government, hundreds of companies across 14 sectors have been shortlisted to receive subsidies.</p><p style="text-align:justify"><em>Comparing sectors</em></p><p style="text-align:justify">Over the years, many experts have strongly argued that India&rsquo;s manufacturing sector, which contributes to about 15% of the country&rsquo;s gross domestic product (GDP), is too tiny to absorb excess labour from the agricultural sector. Their contention may be true. But the only way to know the right size of manufacturing or any other sector in any economy is by letting market forces play out. At the end of the day, whether a piece of land is best &nbsp;used to raise a crop, or build a semiconductor chip manufacturing unit, or set up an information technology park depends on &nbsp;consumer demand for their final output. It is not the job of economic policymakers to promote the allocation of resources towards particular sectors; it is a job best left to entrepreneurs.</p><p style="text-align:justify">Please <a href="https://www.thehindu.com/opinion/op-ed/a-re-look-at-production-linked-incentives/article65940971.ece" title="https://www.thehindu.com/opinion/op-ed/a-re-look-at-production-linked-incentives/article65940971.ece">click here</a> to read more.&nbsp;</p>                                                           
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    <br><a href="https://www.thehindu.com/opinion/op-ed/a-re-look-at-production-linked-incentives/article65940971.ece" class="re" target="_blank">The Hindu, 27 September, 2022, https://www.thehindu.com/opinion/op-ed/a-re-look-at-production-linked-incentives/article65940971.ece</a><div class="clear"></div>
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        LATEST NEWS UPDATES | A re-look at production-linked incentives -Prashanth Perumal J    </title>
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The best way to support the manufacturing sector is to free it from the umpteen regulations that have stalled investment for decades

Many Indians on a daily basis use sophisticated goods that are either fully imported or just simply assembled..."/>
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    <h1 class="cat-box-title">A re-look at production-linked incentives -Prashanth Perumal J</h1>
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                            <p style="text-align:justify">-The Hindu</p><p style="text-align:justify"><em>The best way to support the manufacturing sector is to free it from the umpteen regulations that have stalled investment for decades</em></p><p style="text-align:justify">Many Indians on a daily basis use sophisticated goods that are either fully imported or just simply assembled in India. This is because India lacks a well-developed manufacturing supply chain that could help produce things from scratch. To tackle this, in 2020, the Central government came up with the Production Linked Incentive (PLI) scheme that proposed to promote the domestic manufacturing sector, create more jobs, and cut down on imports. Under the PLI scheme, the government has offered subsidies as high as 50% to companies producing goods, ranging from semiconductor chips to drones. Naturally, several companies have competed for these subsidies. According to the government, hundreds of companies across 14 sectors have been shortlisted to receive subsidies.</p><p style="text-align:justify"><em>Comparing sectors</em></p><p style="text-align:justify">Over the years, many experts have strongly argued that India&rsquo;s manufacturing sector, which contributes to about 15% of the country&rsquo;s gross domestic product (GDP), is too tiny to absorb excess labour from the agricultural sector. Their contention may be true. But the only way to know the right size of manufacturing or any other sector in any economy is by letting market forces play out. At the end of the day, whether a piece of land is best &nbsp;used to raise a crop, or build a semiconductor chip manufacturing unit, or set up an information technology park depends on &nbsp;consumer demand for their final output. It is not the job of economic policymakers to promote the allocation of resources towards particular sectors; it is a job best left to entrepreneurs.</p><p style="text-align:justify">Please <a href="https://www.thehindu.com/opinion/op-ed/a-re-look-at-production-linked-incentives/article65940971.ece" title="https://www.thehindu.com/opinion/op-ed/a-re-look-at-production-linked-incentives/article65940971.ece">click here</a> to read more.&nbsp;</p>                                                           
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    <br><a href="https://www.thehindu.com/opinion/op-ed/a-re-look-at-production-linked-incentives/article65940971.ece" class="re" target="_blank">The Hindu, 27 September, 2022, https://www.thehindu.com/opinion/op-ed/a-re-look-at-production-linked-incentives/article65940971.ece</a><div class="clear"></div>
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                    Production Linked Incentive scheme                </a>
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A re-look at production-linked incentives -Prashanth Perumal J

Published on Sep 27, 2022   Modified on Sep 30, 2022

-The Hindu The best way to support the manufacturing sector is to free it from the umpteen regulations that have stalled investment for decades Many Indians on a daily basis use sophisticated goods that are either fully imported or just simply assembled in India. This is because India lacks a well-developed manufacturing supply chain that could help produce things from scratch. To tackle this, in 2020, the Central government came up with the Production Linked Incentive (PLI) scheme that proposed to promote the domestic manufacturing sector, create more jobs, and cut down on imports. Under the PLI scheme, the government has offered subsidies as high as 50% to companies producing goods, ranging from semiconductor chips to drones. Naturally, several companies have competed for these subsidies. According to the government, hundreds of companies across 14 sectors have been shortlisted to receive subsidies. Comparing sectors Over the years, many experts have strongly argued that India’s manufacturing sector, which contributes to about 15% of the country’s gross domestic product (GDP), is too tiny to absorb excess labour from the agricultural sector. Their contention may be true. But the only way to know the right size of manufacturing or any other sector in any economy is by letting market forces play out. At the end of the day, whether a piece of land is best  used to raise a crop, or build a semiconductor chip manufacturing unit, or set up an information technology park depends on  consumer demand for their final output. It is not the job of economic policymakers to promote the allocation of resources towards particular sectors; it is a job best left to entrepreneurs. Please click here to read more.

The Hindu, 27 September, 2022, https://www.thehindu.com/opinion/op-ed/a-re-look-at-production-linked-incentives/article65940971.ece

Tagged with: manufacturing sector PLI scheme Production Linked Incentive scheme subsidies

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