The PLI is nothing but a handout of public money for ensuring maximum profits for monopoly capitalists in the name of building ‘Atmnirbhar Bharat’. The profits of the biggest monopolies are guaranteed under the schemes, but fulfilment of stated objectives such as employment generation are not – they remain policy objectives. We have seen again and again that putting public money into the pockets of the monopoly capitalists is called “incentive”, while transfers to working people are called “freebies”.
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