View: The path of self reliance

The idea of self-reliance should come with the caveat of key sector focus and not an economy-wide spread. The latter would simply take us back to pre-1980 India. The final pillar of Modi’s agenda for self-reliance, demand, also needs an amendment. The idea should not be to build growth upon domestic demand alone.

from Economy-News-Economic Times https://ift.tt/2T1suM5