Public procurement can lift manufacturing

15 Jun 2020

A self-reliant India needs success in manufacturing with increasing value addition. The key to this is finding the policy instruments which would deliver results in today's context. The way to move ahead is on how to make manufacturing so profitable that there is a surge of new investments by domestic as well as foreign firms. If subsidies are not an option then what options does the government have. One instrument which was earlier neglected is public procurement.

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Solar energy
Manufacturing sector