Make in India

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Richa Goel writes about the Make in India scheme.

Make in India scheme was brought by our Prime Minister on 25th September  2014. It is launched  by government of India to encourage the companies to  produce within India and make India a self -sufficiency.The main objective of this scheme is to make India a manufacturing hub by encouraging both multinational as well as domestic companies to manufacture their product in India.

Everyone knows or heard the name of “Mahatma Gandhi” .He had many principles like satyagraha, non-violence, swadeshi etc. But now-a-days the principles had become invisible or invalid.After all everyone can’t become like him.

The swadeshi movement which was started by Mahatma Gandhi  in Aug 7,1905 has been termed as “Make in India”. Swadeshi movement includes burning British foreign goods and using the goods produced in India. Swadeshi movement means boycotting the foreign goods. Bal Gagangadhar Tilak  encouraged swadeshi and boycott movements after the partition of Bengal by Britishers. Swadeshi movements was afterwards suppressed and then was not herd off.It was again popped up in 2014 with a new name “Make in India”.

in India concept is introduced to encourage the manufacturing goods in India which will automatically increase India FDI(Foreign Direct Investment),employment opportunities,GDP(Growth Domestic Product) and will also bring more foreign capital in India which will help to create the surplus in  balance of payment.This all will lead  to increase in National Income.It will leads to economic growth and economic development which helps to improve the standard of living of people.Also to increase the export at reasonable price which will boost our country,to reduce the poverty rate.

There were many problems faced while launching the scheme was lack of robust transport networks and widespread it corrupt but P.M has removed all the hurdles so that India can achieve their goal.

As the result it has contributed to 15% to national GDP. Aim of this scheme is to grow to 25%  of GDP by 2020.

 

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