Accusing the previous governments of policy paralysis, the NDA government announced a slew of policies with catchy slogans. This has resulted in an era of never-ending scheme announcements. Make in India is a good example of a continuous stream of scheme announcements. The announcements had two major lacunae. First, the bulk of these schemes relied too much on foreign capital for investments and global markets for produce. This created an inbuilt uncertainty, as domestic production had to be planned according to the demand and supply conditions elsewhere. Second, policymakers neglected the third deficit in the economy, which is implementation. While economists worry mostly about budget and fiscal deficit, policy implementers need to take into account the implications of implementation deficit in their decisions. The result of such a policy oversight is evident in the large number of stalled projects in India. The spate of policy announcements without having the preparedness to implement them is policy casualness. Make in India has been plagued by a large number of under-prepared initiatives. The question that begs an answer is, why did Make in India fail There are three reasons. First, it set out too ambitious growth rates for the manufacturing sector to achieve. An annual growth rate of 12-14% is well beyond the capacity of the industrial sector. Historically India has not achieved it and to expect to build capabilities for such a quantum jump is perhaps an enormous overestimation of the implementation capacity of the government. Second, the initiative brought in too many sectors into its fold. This led to a loss of policy focus. Further, it was seen as a policy devoid of any understanding of the comparative advantages of the domestic economy. Third, given the uncertainties of the global economy and ever-rising trade protectionism, the initiative was spectacularly ill-timed.