02 Nov 2020

The government’s vision for an “Atmanirbhar Bharat” (self-reliant India) is laudable. This is not a new idea, though. Indeed, self-reliance was a key reason for a newly-independent India to lay emphasis on a public sector that, over time, was present in virtually every sector- from aviation to zinc. During the 1980s, the emergence and development of India’s private sector were powered by buzz phrases such as “Import-substitution” and “Be Indian, Buy Indian”.>>

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