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Narendra Modi: Covid-19 crisis should become an opportunity for self-sufficient India | India News

KOLKATA: Insisting that the Covid-19 crisis must become an opportunity to create an ‘Atmanirbhar Bharat’, Prime Minister Narendra Modi said Thursday that this is the time to make bold decisions and investments.
Addressing the 95th annual plenary session of the Indian Chamber of Commerce in Kolkata via video conference, he said, steps should be taken to ensure that products imported from abroad are manufactured in the country.
“In the past five or six years, India’s goal of self-reliance has been paramount in the country’s policy and practice. The Covid-19 crisis taught us lessons on how to accelerate efforts in that direction … This did not This is the time for a conservative approach; this is the time for bold decisions and investments.
“This is also the time to move from command-and-control economics to plug-and-play and build a competitive global supply chain.” he said.
While noting that people-centered, people-driven and planet-friendly development has become part of the central government form of government led by BJP, the prime minister said the Center’s recent decisions had freed farmers and rural economy from years of “slavery” as they are now free to sell their products anywhere in the country.
“India is fighting multiple challenges alongside Covid-19, including floods, lobster attacks, earthquakes … We have to turn crises into an opportunity to create a Bharat Atmanirbhar (self-sufficient) and take steps to ensure that the products we import from elsewhere they are made in India, “Modi said.
Citing Swami Vivekananda, who once wrote that Indians should produce for themselves and find markets in other countries, the prime minister said that they had long wished for the country to become self-sufficient in areas such as the manufacture of medical equipment, the defense manufacturing, coal and minerals, edible oils and many more.
Praising the compatriots’ determination to turn the disaster into an opportunity, the prime minister said the pandemic “will be a turning point for the country.”
“We have to make it a big turning point … a turning point to create a self-sufficient India,” he said.
The prime minister also said that the country has already given way to various reforms, such as changing the definition of MSMEs, decriminalizing certain things (according to the Companies Law), introducing the Insolvency and Bankruptcy Code, bringing more competition in coal mining , alter the APMC and the Basic Products Law.
Modi said the time has come to revive Bengal’s preeminence in manufacturing.
“It is the government’s initiative to help east and northeast where Kolkata can emerge as a foothold … to lead the entire development process,” he added.
It also urged MSMEs to enter the solar energy sector.
Modi said banking services have reached the “have-nots.” Initiatives like Jandhan and Aadhaar have enabled the necessary support to be reached for millions of people without leaks.
Watch Economy to go from “command, control, switch” mode to “plug and play” mode: Modi PM

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