Today, New Delhi has reincarnated the idea of Swadeshi into the ‘Atmanirbhar Bharat Abhiyan’ with five pillars of self-reliance – economy, infrastructure, system, demography, and demand.
China might have been a thriving home for manufacturers, but the governments across the world can no longer play spectators as their economies suffer while millions get affected by the coronavirus.
India aspires to make the Rupee a global reserve currency and is taking positive, concrete actions in that direction; adopting an export-driven model is one.
Other countries must observe and understand China and its actions and should take steps to mould or formulate policies to safeguard its industry as soon as possible, the way India is.
Among other things, this pandemic has been highlighting the differences between the countries or people who have and those who don’t have resources to fight the virus.
With each day PSUs were becoming unproductive and a liability to the Ex-chequer. The era of disinvestment began in the 1990s and disinvestment in the PSUs was considered as an option to not only stop the Government’s recurring expenditure but also give one-time large cash inflow by way of return of capital invested.
The action of taking optics seriously in itself is a break away from India’s past where Brand India was ignored to suit a particular political agenda. The Maharaja is an iconic depiction of this era and should be replaced by a smarter and more confident icon that represents the New-India.
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