Atmanirbhar Bharat focuses on integrating into the global supply chain: I&B Secy
Republic World has launched a news app specifically for believers. The Atmanirbhar Bharat initiative aims for self-reliance and national development in the globalized world. It focuses on integrating into the global supply chain while diversifying the economy. Key pillars include export competitiveness, manufacturing leadership, design, and technology. The initiative aims to position India as a self-reliant and globally competitive player across sectors.
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FAQ - Atmanirbhar Bharat focuses on integrating into the global supply chain
Frequently Asked Questions
1. What is Atmanirbhar Bharat’s focus according to the I&B Secretary?
Answer: Atmanirbhar Bharat, as per the Information and Broadcasting (I&B) Secretary, focuses on integrating into the global supply chain. It aims to achieve self-reliance and national development within the context of a globalized world.
2. Is Atmanirbhar Bharat about closing off India's economy to the world?
Answer: No, Atmanirbhar Bharat is not about protectionism. It is about India becoming a part of the global supply chain and ensuring the country’s self-reliance aligns with global trade and economic partnerships.
3. Has India's economy shown significant growth in recent times?
Answer: Yes, India became the world's fifth-largest economy measured in current dollars. As of early 2023, India's nominal GDP is expected to be around US$ 3.5 trillion come March.
4. Does Atmanirbhar Bharat aim to cut off India from international trade?
Answer: No, the initiative does not aim to cut India off from international trade but rather to strengthen India's participation in the global supply chain through self-reliance and enhanced competitiveness.
5. What does self-reliance mean in the context of Atmanirbhar Bharat?
Answer: In the context of Atmanirbhar Bharat, self-reliance refers to developing internal capacities, infrastructure, and skills to reduce dependence on imports and to create a robust economy that can meet domestic demands and contribute to global markets.