Licence Raj News

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)

Prime Minister Narendra Modi on Friday said India had moved from the Licence Raj-era Production Linked Punishment model to incentivising production through the PLI scheme, which he said has generated 2.5 lakh crore in investment, 22 lakh crore in production an