{"title":"India Cannot Afford to Ignore Manufacturing","authors":"Sridhar Krishna","doi":"10.55763/ippr.2024.05.02.005","DOIUrl":null,"url":null,"abstract":"Raghuram Rajan and Rohit Lamba are clear that “Acche Din” are not here yet and the direction the NDA government is taking will not get India to the promised land soon. They recommend a strong push for services as against manufacturing, increased spending on education and healthcare, and devolution of power to local governments. They question the logic behind large subsidies to promote manufacturing when the jobs created in this manner are so few. ","PeriodicalId":173340,"journal":{"name":"Indian Public Policy Review","volume":"52 21","pages":""},"PeriodicalIF":0.0000,"publicationDate":"2024-04-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Indian Public Policy Review","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.55763/ippr.2024.05.02.005","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
引用次数: 0
Abstract
Raghuram Rajan and Rohit Lamba are clear that “Acche Din” are not here yet and the direction the NDA government is taking will not get India to the promised land soon. They recommend a strong push for services as against manufacturing, increased spending on education and healthcare, and devolution of power to local governments. They question the logic behind large subsidies to promote manufacturing when the jobs created in this manner are so few.
拉古拉姆-拉詹和罗希特-兰巴清楚地认识到，"Acche Din "还没有到来，印度国家民主与发展联盟（NDA）政府所采取的方向也不会让印度很快到达应许之地。他们建议大力发展服务业而非制造业，增加教育和医疗开支，并向地方政府下放权力。他们质疑为促进制造业而提供巨额补贴背后的逻辑，因为通过这种方式创造的就业机会少之又少。
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