The intellectual underpinnings of self–reliant India has diverse elements associated with current reforms and future policy making. Analyse (200 Words)
Refer - The Indian Express
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IAS Parliament 4 years
KEY POINTS
· It is important, at the very onset, to clarify that this idea of self-reliance is not about a return to Nehruvian import substitution or autarkic isolationism.
· Similarly, it should also be clear that it is not a return to licence-permit raj and inspector raj of the socialist era. Far from suggesting a centralised, top-down model directed from the “commanding heights” of the Planning Commission, the prime minister spoke of freeing Indian entrepreneurship and innovation from bureaucratic hurdles.
· This is about decentralised localism that takes pride in local brands, emphasises resilience and flexibility, and encourages local capacity-building and indigenisation.
· The scrapping of the Essential Commodities Act –Agricultural Produce Marketing Committee system enables localised decision-making by farmers even as they can participate in a national common market or export to the global market.
· Similarly, traders can now invest in supply-chains and agri-businesses without the fear of being arbitrarily labelled a hoarder by an inspector. The government still has a role but it is as an enabler, providing soft and hard infrastructure.
· The same economic philosophy is reflected in several other supply-side measures announced recently. Self-reliance implies that product and factor markets are made flexible in order to allow the Indian economy to adapt to the problems and opportunities of an emerging post-COVID world.
· Thus, there is an unapologetic commitment to privatisation of non-strategic public sector entities, opening up of new sectors like space to private investment, decriminalisation of most aspects of corporate law, greater flexibility in labour laws, and so on.
· Self-reliance also means a commitment to resilience at multiple levels — at a national level, an industry level, and at an individual level. For example, the government has indicated that it would provide various forms of incentives and protection to key industries — for example, inputs for the pharmaceuticals industry.
· The same idea of resilience, when applied to individuals and vulnerable social groups, calls for the creation of safety nets. This explains the effort to create a health insurance system (Ayushman Bharat), and the direct benefit transfer mechanism based on Jan Dhan-Aadhaar-Mobile.
· A decentralised system, where economic entities are expected to be self-reliant, requires a generalised system of social trust and the ability to enforce contracts. In turn, it implies a need to carry out administrative reforms and, more specifically, reform of the legal system. Atmanirbhar Bharat is not just a slogan but a vision with deep roots in India’s intellectual tradition.
Deepika 4 years
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IAS Parliament 4 years
Avoid mentioning names and short forms in the answer. Try to put flow chart in center of the page and explain it, also include data to support your arguments. Keep Writing.
Aradhana Tiwari 4 years
"Self-reliance" - enable our economy to adapt to the problems and opportunities of an emerging post-COVID world. It is a long-term vision of the Indian economy to facilitate recovery and assist in the next level of growth.
The idea of self-reliance is not about a return to Nehruvian import substitution or isolationism behind “narrow domestic walls” or a return to licence-permit raj and inspector raj (of the socialist era) but it is about "vocal for local".
>>> Diverse elements of Self-reliant India :
- It includes active participation in post-COVID global supply chains and the need to attarct FDI.
- Its emphasis is on targeting the quality of domestically made products so that “unnecessary” imports can be reduced in various sectors.
- It also emphasise on Indian production of a certain scale, certain quality and certain standards to match up to the best in the world.
- Current reforms under self reliant India includes - opening up of sectors like "space, defence" to private investment, decriminalisation of most aspects of "corporate law", greater flexibility in "labour laws", and so on.
>>> Challenges :
- Taking this path would be quite daunting, as the financial and technological resources required would be very high.
>>> Way Ahead :
- There is a need to build robust local supply chains and focus on Make In India.
- We need to be strategic in terms of the choice of sectors- where we have natural advantage to be self-reliant.
- The ways to reduce imports have to be identified along with setting targets to increase productivity in various sectors.
- The need of the hour is to focus on 5I- “intent, inclusion, investment, infrastructure, and innovation”.
>>> Conclusion :
Self-reliance is not just a slogan but is about generating employment, empowering our people to come out and create solutions that can define the future of our country.
IAS Parliament 4 years
The points need to be coherent and improve the flow in your answer. Keep Writing.
SAGNIK DANDAPAT 4 years
please review
IAS Parliament 4 years
Try to avoid listing out points and explain them and underline key points. Keep Writing
Parth 4 years
Please critically review.
aswin 4 years
IAS Parliament 4 years
Try to avoid mentioning the points, explain the points crisply. Keep Writing.
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