ET Online · Business · 2026-08-21
‘Production-linked punishment’ era once held back Indian industry: PM Modi at ET WLF 2026
Prime Minister Narendra Modi on Friday said India had moved from an era of “Production Linked Punishment” under the “Licence Raj government” to one where the government incentivises higher production, citing the performance of the production-linked incentive (PLI) scheme as evidence of the country’s... Prime Minister Narendra Modi on Friday said India had moved from an era of “Production Linked Punishment” under the “Licence Raj government” to one where the
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