Page 22 - NIS English November 1-15

Cover Story
VOCAL FOR LOCAL

The Rs 20 Lakh Crore package
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was for the cottage industry, home
industry, small-scale industry, and ´ Telecom
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MSMEs, which are a source of India is now second-largest
livelihood for millions of people and producer of mobile phones
make a strong foundation for the
33 Crore produced in 2019
resolve for a self-reliant India Mobile phones
and Demand. Along with the Aatma Nirbhar l India is the second-largest mobile
Bharat campaign, the Prime Minister producer in the world producing
also announced a Special economic and 33 Crore mobile phones in 2019 in
comprehensive package of Rs 20 Lakh Crores comparison to six Crore in 2014.
- equivalent to 10 per cent of India’s GDP. It
was not just a package but a roadmap for l India, today, has 300 mobile phone
making Self-Reliant India, the glimpses of manufacturing units; in 2014, there

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package brought relief for the cottage industry, lCompanies like Pegatron, Lava, Dixon
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small-scale industry, and MSMEs, which are and Samsung will invest Rs 11.5
a source of livelihood for millions of people Lakh Crore over the next five years
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and lay a strong foundation for the resolve generating 12 Lakh new employment
for a Self-Reliant India. It was for labourers opportunities
and farmers of the country who are working
day and night in every situation and season. of PPEs.
It was also for the middle class of the country, India’s efforts in the world’s fight against the
which pays taxes honestly and contributes to COVID-19 were recognised globally: Seeking
the development of the country. The package the anti-malarial drug hydroxychloroquine
also included industries, which gave a boost from India Brazilian President Jair Bolsonaro
to the economic potential of India. likened India to Lord Hanuman who had
brought Sanjivini to save the life of Lakshman
INDIA: PHARMACY TO THE WORLD during his battle with Lankan king Raavan. US
As the entire world came to a standstill President Donald Trump called Prime Minister
during the Lockdown, India provided Narendra Modi “great” when he sought his
medicines to around 150 countries playing
the role of the pharmacy to the world.
Before the pandemic, India hardly To boost production, industrial corridor
manufactured any PPE kits; now not only and special economic zone were
does India manufacture millions of PPE kits encouraged. Also, single-window
every month for its own consumption but it
also exports these to the other parts of the clearance was introduced to attract
world. In July, India exported 23 Lakh PPEs foreign investors. As a result, the FDI
to five countries – the US, the UK, the UAE, grew to $358.29 billion during 2014-20
Senegal and Slovania. This has helped India from $231.37 during 2008-14
to position itself in the global export market
20 New India Samachar