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Context:
Over the last few months, a debate has been going on between former RBI governor Raghuram Rajan (expressing concerns) and the Minister of State for Electronics Rajeev Chandrasekhar (providing favorable data) about the wellness of the Central government scheme to boost electronics manufacturing.
Significance of Manufacturing:
Concerns with Manufacturing in India:
Solution by the Government to increase Manufacturing in India:
About the PLI Scheme:
Significance of the PLI Scheme: Smartphone manufacturing has shown the most enthusiasm
Raised Concerns:
The Path Ahead:
News Source: The Hindu
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