‘PLP to PLI’: PM Modi explains India’s shift from punishment to incentives for manufacturers

At ET WLF 2026, PM Modi used PLP (Production-Linked Punishment) and PLI (Production-Linked Incentive) to explain how India’s approach to governance and economic reforms has changed. He linked this shift to reforms stressing greater trust in citizens and businesses.
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PM Modi ET WLF 2026 |PLP to PLI |Production Linked Punishment |Production Linked Incentive |PLI scheme |Jan Vishwas Bill |India reforms |economic reforms India |ease of doing business |PM Modi reforms
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