Union Minister Nitin Gadkari on Sunday launched an argument for the production of “swadeshi” (indigenous) and said imports should stop, while exports should increase.
He also suggested the creation of an “import substitution and export oriented department” with separate funds earmarked for this purpose.
The top BJP leader said the department should work on the principles of “swadeshi” and “swavalamban” (autonomy) and guide the economy.
He was speaking at a virtual program hosted by Swadeshi Jagran Manch, in which companies that did not lay off workers during the coronavirus-induced lockdown were praised.
“I think imports should stop and exports should be increased through the promotion of import substitutes,” he said.
Mr Gadkari said that an alternative fuel economy worth Rs 5 lakh crore could be created through rural participation.
He went on to inform the gathering that the turnover of village industries had increased from Rs 80,000 crore last year to Rs 1 lakh crore and that the goal was to take it further to Rs 5 lakh crore soon.
The country was becoming self-reliant in defense, automotive, and several other sectors and would become the world‘s largest electric vehicle manufacturing hub over the next five years with products ranging from two-wheelers, three-wheelers, and cars. construction equipment.
RSS official Manmohan Vaidya also spoke at the event and emphasized “aatmanirbharta” (autonomy) and swadeshi.
(Except for the title, this story was not edited by GalacticGaming staff and is posted from a syndicated feed.)