Page 27 - NIS English, December 16-31,2022

2022: Year of Willpower Cover Story

AatmaNirbhar
AatmaNirbhar Bharat
Bharat
POTENTIAL SHOWN IN THE

FIELD OF EXPORTS...

AatmaNirbhar Bharat is a natural
initiative for AatmaNirbhar
Bharat and is vocal for the local
products. India is building an
economy where quality products
will be manufactured on a
large scale so that the country
can become more and more
AatmaNirbhar.
Today, under the leadership of Prime
Minister Narendra Modi, the country
is creating new records in the field of
exports. Enterprising India is marching
ahead with renewed vigour, leaving PM Modi's four mantras to increase exports
behind the ill effects of the Covid Increasing exports and reducing imports is an important
pandemic and fears of recession. The effort of the Atmanirbhar Bharat Abhiyan. Prime Minister
latest example of this has come from Narendra Modi emphasizes four factors for this, due to
which the increase in exports is giving strength to the
the export front. India touched the Indian economy:
highest-ever figure in merchandise
exports in the financial year 2021-22. All
kinds
Goods worth $4109.65 billion were Manufacturing of problems
increased
exported in this one year. At the same manifold in the related to the
logistics of
time, the figure for service exports country. And transport in the
there should
be quality
has reached $254.4 billion, while for competition. country should be
removed.
the first time the figure for agricultural
exports has crossed the highest-ever

figure of $50 billion. government An
The
$464 should walk international
market for
2013-14 Billion shoulder to products
Indian
shoulder
with
2021-22 $676 exporters.
the
Billion
There has been the highest weekly increase
in the foreign exchange reserves of the Only when these four factors unite will the local
products of India will become global and the goal of
Reserve Bank of India since August 27, Make in India-Make for the world can be achieved in a
2021. The reserves have increased by better way. India realised these four mantras with its
$14.7 billion to $544.72 billion in the week long-term thinking and today India's remarkable growth
ending November 11, 2022. in the field of exports is strengthening the economy.

New India Samachar December 16-31, 2022 25