In these uncertain times, it motivates us to be self-reliant.
The ongoing crisis due to the COVID-19 outbreak is beyond doubt going to affect the entire economy, but one of the segments that is likely to hit the most is the MSMEs—a sector which accounts for more than 50% of the country’s GDP.
This pandemic can be seen as an opportunity to boost indigenous production, thereby reducing India’s dependency on foreign countries. This depicts a key lesson..
We must learn and implement in the near future. Our nation has sufficient resources that can be mobilised to produce everything we need domestically, be it healthcare, technology, O&G or metals, thereby creating jobs and rapid development. This is the time & opportunity for India 2.0