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India Spurs Innovation and Industrial Growth With New Landmark Initiatives
The BGA India team, led by Managing Director Anuj Gupta, wrote an update to clients on the Indian government’s new incentives to foster job creation and research capabilities. Context The Union Cabinet, led by Prime Minister Narendra Modi, has approved two landmark initiatives: the Employment-Linked Incentive (ELI) scheme and the Research, Development and Innovation (RDI) scheme, with budgets of $11.6 billion and $11.7 billion, respectively. The ELI scheme promotes formal job creation in the … Continue Reading
Anuj Gupta
