'Copying China's manufacturing model may not pay off': Ashwini Vaishnaw hits back with 'Cope harder' remark, cites Rs 3 lakh crore PLI returns

Contributing sentiments towards policy:

59% : He said the government had paid Rs 19,000 crore in incentives, while direct tax collections had reached Rs 25,000 crore.
57% : Ashwini Vaishnaw cites tax collections and jobsVaishnaw's response focused on two key outcomes of the manufacturing push: revenue for the government and employment.
57% : The numbers offer a strong argument for the scale of activity generated by the sector, particularly when direct tax collections are compared with incentive payments.
54% : Union Electronics and IT Minister Ashwini Vaishnaw has hit back at critics questioning India's mobile manufacturing strategy, using government figures on tax collections and employment to defend the country's push to become a major electronics production hub.
53% : The direct tax collections cited by Vaishnaw alone exceed the Rs 19,000 crore paid out under the mobile PLI scheme.
52% : You Might Also Like: Harsh Goenka says Indians' long working hours give country an edge over Europe, Ashneer Grover says it's 'majboori' The figures form a key part of the government's argument that incentives for manufacturers can generate economic returns beyond the initial public expenditure.
50% : Citing figures from the government's Production Linked Incentive (PLI) scheme, he said the government paid Rs 19,000 crore in incentives and collected Rs 25,000 crore in direct taxes, alongside Rs 3 lakh crore in GST.
46% : Can India move beyond assembling phones?Vaishnaw's post puts the government's tax and employment figures at the centre of the debate over manufacturing incentives.

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