Arun Kumar

Arun Kumar

Arun Kumar, Malcolm S Adiseshiah Chair Professor, Institute of Social Sciences, New Delhi and author of ‘Indian Economy’s Greatest Crisis: Impact of the Coronavirus and the Road Ahead‘.

A Comparative Analysis of India’s Economic Progress Under Nehru and Modi

Mr. Modi entered tenth year of his rule over India as PM on May 26. Nehru passed away 59 years back as PM on May 27. Mr. Modi has been highly critical of Nehru. Worse, he implies that India has only progressed in the last 9 years under his rule. This propaganda has gone deep down and is accepted by his followers. The BJP highlighted Mr. Modi’s achievements on the occasion while the Congress Party issued a booklet questioning them.

Why is PLI Scheme Suboptimal?

India’s Production Linked Incentive (PLI) scheme, launched in 2020 with high expectations, aimed to provide a subsidy of Rs 1.9 lakh crore over six years. However, as of March 2023, only Rs 3,400 crore in claims have been received and Rs 2,900 crore disbursed. The scheme had, therefore, experienced a significant shortfall.

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