India’s latest tariff cuts chime with its PLI market defiance

Adanali

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India’s latest tariff cuts chime with its PLI market defiance
An import duty cut from 15% to 10% on mobile phone inputs is part of a ‘Make in India’ incentive experiment that defies the primacy of market-led resource allocation. Are all the right bets being placed by the new central planners of this era?
 
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