Rahul Gandhi Critiques PM Modi’s ‘Make in India’ Initiative’s Effectiveness
Rahul Gandhi criticized PM Modi’s “Make in India” initiative, asserting it has failed as evidenced by manufacturing’s decline from 15.3% to 12.6% of GDP. He stressed the need for a focus on emerging technologies to boost job creation in the sector.
On Tuesday, Rahul Gandhi, the Leader of Opposition in the Lok Sabha, criticized Prime Minister Narendra Modi, arguing that the “Make in India” initiative has not succeeded. He noted that in the Prime Minister’s recent speech, the initiative was not mentioned, which Gandhi claimed reflects its failure, pointing to a decline in manufacturing from 15.3 percent of GDP in 2014 to just 12.6 percent currently—the lowest figure in six decades. He asserted that jobs must be prioritized, as no recent government has adequately addressed this issue at scale.
The “Make in India” initiative, launched in 2014 by PM Narendra Modi, aimed to transform India into a global manufacturing hub. While it initially garnered enthusiasm, some analysts and political figures argue that its actual impact has been limited, as evidenced by declining manufacturing metrics. The country’s youth unemployment and the inability of the initiative to create jobs have been focal issues in ongoing political debates, reflecting concerns about India’s industrial competitiveness in the face of global challenges.
Rahul Gandhi’s critique stems from a broader concern regarding India’s economic trajectory and job creation. He emphasized the need for a targeted approach towards emerging technologies to enhance the manufacturing sector. The exchange between Gandhi and Modi underscores the continuing political discourse around India’s economic strategies as leaders evaluate the effectiveness of initiatives designed to spur growth and employment.
Original Source: www.hindustantimes.com
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