Here is the best of Business Standard’s opinion pieces for Saturday
In the context of the government’s push for self-reliance, T N Ninan in his weekly column notes that one the criticisms of the PLI scheme is that it focuses on capital-intensive sectors, some of them with the attendant complication of rapid obsolescence — thereby necessitating constant updating of both technology and equipment. The column further underscores that between the two problems that India faces (a trade deficit and an employment deficit), the bigger problem is obviously the latter. That and the feasibility question should not be lost in PLI’s