Monday, January 30, 2023

75th year of Independence: PM Modi calls for reducing slavery to foreign goods

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As we celebrate the 75th year of our Independence Day, the Prime Minister, PM Modi, has released an official statement on Twitter stating that. He will be working on reducing India’s reliance on foreign goods and placing more emphasis on local manufacturing. My government believes in empowerment through manufacturing & not through subsidies. We have taken several steps to reduce our dependence on imports, he said in his speech at Red Fort today.

On the occasion of India’s 75th year of Independence. Prime Minister Narendra Modi called upon citizens to put their money into their own country, saying that money should flow in India rather than outside India, in a speech on Saturday. Modi was speaking at the inauguration of an event to mark the ‘Beti Bachao, Beti Padhao’ initiative. Which seeks to raise awareness about female foeticide and save girl children. The initiative is being observed across the country today (Sunday) as National Girl Child Day.

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In an excerpt from his book, The Story of My Experiments with Truth, Mahatma Gandhi wrote. The whole idea behind freedom is that a man may grow to his maximum height, and live a life useful to himself and others. A community which enslaves its own people is not really free; it is only half-free. Slavery does not mean merely being in chains. A slave could be freer than I am — if he serves me voluntarily. Then why should we free ourselves from slavery? Because we want to be free! The word freedom has such attraction because it means being able to grow — individually as well as collectively — in all aspects. A country where some people are slaves cannot be considered truly free or civilized.

India is ranked 136 in terms of per capita GDP (nominal) at $1,588 and 132 in terms of purchasing power parity GDP at $7,551. Considering China’s nominal per capita GDP is around US$6,230 and US$10,060 when measured by purchasing power parity (PPP). India has a long way to go. Theoretically, if India were not shackled by such serious problems such as corruption and bureaucracy. India could achieve much more than what it has done so far. However, many argue that India needs leadership with a clean record to drive growth and make things happen. So here is some advice from our panel on how Narendra Modi can transform Indian economy during his tenure as Prime Minister. How will he do it?

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