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India May follow China Subsidy Model in Telecom Manufacturing

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To encourage manufacturing of telecom products in India and reduce import, the government is likely to follow the subsidy model of the Chinese government. Following a directive by the commerce ministry, the department of telecommunications (DoT) has set up a committee, which will study the viability of the Chinese subsidy model and submit its report in the next few months.

The ministry had earlier commissioned the Indian Council for Research on International Economic Relation (ICRIER) to study innovative incentive schemes in other countries and recommend measures that India could follow. The ministry gave the directive on the basis of this report. Original post at Business Standard

Wahengbam Rorrkychand

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