Long way to go for Make in India

A look at "Make in India", published as an oped in the Hindustan Times: How does one judge Make in India? Recent news that foreign direct investment (FDI) flowing to defence in 2016-17 was an absurd trickle of ₹61,000 (or perhaps $61,000, the Ministry of Defence didn’t specify) seems to have not caused much of …

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The Lion’s Meow: a closer look at Make in India

The logic behind the government’s Make in India initiative is clear. As Prime Minister Narendra Modi stated in his speech at the launch of “Make in India Week” in Mumbai on 13 Feb 2016: We launched the Make in India campaign to create employment and self-employment opportunities for our youth. We are working aggressively towards making India …

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Modi’s autopilot achievements

In a 13 Feb 2016 speech at the recent Make in India jamboree in Mumbai, Prime Minister Narendra Modi took credit for many economic achievements. These included India's climb in various World Bank and UN indices, and all-time records in coal and vehicle production, software exports and cargo handling by ports. The claims were taken from the BJP's …

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Ab ki baar, cut-and-paste sarkar: the case of Make in India

In his 25 Sep 2014 speech at the launch of Make in India, Prime Minister Narendra Modi described the initiative as a "lion’s step" towards promoting Indian manufacturing and generating millions of jobs. Amitabh Kant, who oversees the programme, stated in a subsequent interview that "Make in India is like a movement reflecting a new mindset of growth in …

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Manufacturing a surprise

With all the flak that that the United Progressive Alliance (UPA) got for its "policy paralysis" and anti-growth policies (apparently both can simultaneously occur), one would hardly have expected a sharp economic revival in its final year in office. However, new and improved government economic data shows that in 2013-14 (i.e. the fiscal year ending …

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