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America s message to India in a warship

America s message to India in a warship
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Best of BS Opinion: Covid s impact on economy, India s EEZ, and more

Best of BS Opinion: Covid s impact on economy, India s EEZ, and more
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Sending political messages at sea

Sending political messages at sea
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Does India measure up as a maritime power?

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Best of BS Opinion: Fifty shades of media, digital dangers, and more

The government’s initial push under “Make in India” to attract manufacturing to India did not succeed as hoped. Perhaps that is one reason, alongside a more general scepticism about trade that has caused the rash of recent 1970s-style industrial policy announcements, from “champion sectors” to “production-linked incentives”. In this context, our lead editorialargues that if the government really wishes to improve investment in manufacturing, it needs to ensure that the regulatory and tax climate is such that investors are more comfortable. Direct subsidies and picking winners helps nobody but bureaucrats and vested interests India has several decades of experience to prove this.

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