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The US government does not run any business. There are no public sector enterprises whose lethargy or preferential treatment by government pull down the private sector. Even apparently strategic sectors like defence and natural resources are run by the private sector. ....
ProMetic Life Sciences Inc. (TSE:PLI – Free Report)’s stock price passed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of C$13.60 and traded as high as C$13.72. ProMetic Life Sciences shares last traded at C$13.60, with a volume of 921 shares traded. ProMetic Life […] ....
The government announced the PLI (production-linked incentive) scheme in 2021 for as many as 14 sectors, such as telecommunication, white goods, textiles and pharma with an outlay of Rs 1.97 lakh crore. The government has disbursed only Rs 2,900 crore till March 2023, out of Rs 3,400 crore claims received. ....
The government took feedback from industry and other government departments on the challenges being faced by PLI beneficiaries. More than 150 people attended the meeting and there were five beneficiaries from each of the PLI scheme sectors. ....
Raghuram Rajan s analysis of India s production-linked incentive (PLI) scheme for mobile phones has come under criticism. Rajan focused on the impact of the PLI on net exports of mobile phones and the amount of value-added being captured in India. The analysis by Rajan shows that net imports of mobile phones have seen a massive increase, even adjusting for the fact that several line items in the electronics category would pertain to other products. However, early indicators from the mobile phone PLI are positive on employment creation, and the scheme has the potential to create an ecosystem that can spawn dozens of Indian enterprises in the broader industry segment. ....