Go ‘swadeshi’ and ‘swavalamban’, end imports and increase exports: Gadkari

BusinessGo ‘swadeshi’ and ‘swavalamban’, end imports and increase exports: Gadkari

Date:

Go ‘swadeshi’ and ‘swavalamban’, end imports and increase exports: Gadkari

New Delhi: The senior BJP leader said the department should work on the principles of ‘swadeshi’ and ‘swavalamban’ (self- reliance) and guide the economy. He was speaking at a virtual programme organised by the Swadeshi Jagran Manch, in which firms that did not retrench workers during the coronavirus-induced lockdown were felicitated.

“I feel imports need to end and exports should be increased through the promotion of import-substitute goods,” he said. Gadkari said an alternative fuel economy worth Rs 5 lakh crore could be created through rural participation.

He went on to inform the gathering that turnover of village industries had increased from Rs 80,000 crore last year to Rs 1 lakh crore and the target was to take it further to Rs 5 lakh crore soon. The country was getting self-reliant in defence, automobiles and several other sectors and would become the world’s largest e-vehicle manufacturing hub in the next five years with products ranging from two-wheelers, three-wheelers and cars to construction equipment.

Share post:

Subscribe

Popular

More like this
Related

Emergency Fund vs Savings: What’s the Difference?

Emergency funds and regular savings may both involve setting...

UPI Transaction Failed but Money Debited? Refund Rules Explained

A UPI payment can sometimes fail even after the...

Sunshine Sundays with Garima

Trauma That Lasts Forever "Not every trauma heals with time." In...

Dabur’s Hajmola Launches “Masti ki Pathshala”

Campaign to Promote Importance of Physical Activity among Kids Dabur...