Why did a sound policy like Production Linked Incentive (PLI) scheme for electronics fail? The answer might lie in something called as Policy Entropy.
In this episode of Unintended Consequences, I speak to Pranay Kothasthane, Deputy Director of Takshashila Institute and co-author of the book Missing in Action.
He decodes why PLI by design is bound to fail and how we can anticipate the unintended when we design industrial policies.
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