Remember Make in India? On 13 Feb 2016, Prime Minister Narendra Modi declared: “we want the share of manufacturing in our GDP to go up to 25% in the near future.” The programme's stated goal was to hit this target by 2022 and to generate 100 million manufacturing jobs in India. So where do we …
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 …
Continue reading The Lion’s Meow: a closer look at Make in India
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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