Now Reading: India moved from licence raj punishment to PLI incentives: Modi
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India moved from licence raj punishment to PLI incentives: Modi
Prime Minister Narendra Modi said on Friday that India has moved from a 'Production Linked Punishment' model under the Licence Raj to an incentive-based approach, citing the performance of the Production Linked…
Prime Minister Narendra Modi said on Friday that India has moved from a 'Production Linked Punishment' model under the Licence Raj to an incentive-based approach, citing the performance of the Production Linked Incentive (PLI) scheme. Addressing the Economic Times World Leaders Forum in New Delhi, he said the PLI scheme has attracted Rs 2.5 lakh crore in investment, led to production and sales worth Rs 22 lakh crore, contributed Rs 15 lakh crore in exports, and generated over 14 lakh jobs. DD India and The Economic Times report the speech, with Modi calling India 'the light at the end of this tunnel' amid global uncertainty.
Modi criticised earlier licence raj governments for penalising firms that exceeded production limits, calling it a 'PLP' or 'Production Linked Punishment' model. The Times of India adds that Modi also said the government is shifting the regulatory philosophy from 'prohibited unless permitted' to 'permitted unless prohibited', aiming to base the state-citizen relationship on trust. Times Internet chairman Satyan Gajwani, speaking before Modi, said the PM has emerged as a source of stability in a world facing multiple crises.
Indian Opinion Analysis
DD India and The Economic Times both report Modi's speech in a largely neutral, wire-service style, leading with the PLI investment figures. The Times of India provides significantly more detail, including Modi's swipe at 'those who make fun of Make in India', his legislative reference to the Monsoon Session, and Gajwani's praise of the PM as a 'source of stability'. This adds a hagiographic framing absent from the other two sources. A careful reader should note that while all outlets report the headline achievement, only The Times of India embeds it in a narrative of opposition obstruction and corporate endorsement, giving the story a subtly pro-government tilt. Watch for the next PLI disbursement data to test the Rs 2.5 lakh crore claim.
Coverage: 3 sources, 1 pro-government, 2 neutral
Sources (3): ddindia.co.in (neutral report), m.economictimes.com (neutral report), timesofindia.indiatimes.com (pro government)
This story was synthesised by AI from the 3 sources linked above.
Updated: this story now draws on 3 sources.
