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

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

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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.

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