New UPI charges draw criticism over industrial policy
Business Today reports that ISB professor Prasanna Tantri criticized new UPI charges, saying, “This is not how successful industrial policy is run.”
TLDR
Business Today reports on ISB professor Prasanna Tantri’s criticism of new UPI charges. Tantri argues that effective industrial policy has a legitimate place for subsidizing activities that generate exceptionally large positive spillovers for the wider economy.
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