Congress Critiques ‘Make in India’ Initiative on Its 12th Anniversary
New Delhi: On Friday, the Congress party expressed disappointment over the Modi government’s ‘Make in India’ initiative, claiming that it has not met the hopes and expectations of the public. They pointed out a lack of significant private investment and the absence of widespread job growth.
Jairam Ramesh, Congress general secretary for communications, shared insights on social media, stating that both the Gross Value Added and the Index of Industrial Production indicate that the growth of the manufacturing sector has often lagged behind the economy’s overall growth over the past 12 years. He emphasized that the anticipated positive impact of ‘Make in India’ has yet to materialize.
“This is an informative thread backed by data, showing that the much-discussed ‘Make in India’ has fallen short of what was promised,” Ramesh said. He highlighted the stagnation of private investment and the lack of job creation in various sectors.
These comments came as the ‘Make in India’ initiative marked its 12th year since its launch on September 25, 2014. The initiative was originally designed to promote investment, spur innovation, enhance infrastructure, and establish India as a key player in manufacturing and design.
As the debate continues, it remains to be seen how the government will respond to these criticisms and what steps will be taken to revive the initiative and meet the expectations laid out at its inception.
