Why did a sound policy like Production Linked Incentive (PLI) scheme for electronics fail? The answer might lie in something called as Policy Entropy.

In this episode of Unintended Consequences, I speak to Pranay Kothasthane, Deputy Director of Takshashila Institute and co-author of the book Missing in Action.

He decodes why PLI by design is bound to fail and how we can anticipate the unintended when we design industrial policies.