AATMANIRBHAR BHARAT: OPPORTUNITIES AND CHALLENGES

While the entire world is fighting with the CORONA or COVID Pandemic, India too fighting with the same, however with the objective of converting this pandemic in an Opportunity too. India is not only working on Vaccination like other developed countries is working but it is also working on mechanism development for making India self dependent rather on Imports. The present scenario is of such nature that we do more imports compare to Exports, and hence a lot of amount of our foreign reserve goes out. The PPE kit used for medical science is probably the best example of the same. Before this Pandemic, India was importing PPE Kits from various countries, but due to this Pandemic of COVID, shortage of PPE kits has started all over the world including India. Instead of depending on imports and paying higher prices, India has chosen the way of making itself dependent on its own capabilities and started manufacturing the PPE Kits and result is now we are exporting PPE kits instead of Importing it. This all is a step ahead towards making India Aatmanirbhar or “Aatmanirbhar Bharat”. Since India is not only a developing Economy, rather it is the largest growing developing economy throughout the world and hence the step becomes more important for in this road. However with a new light, many of industries are growing and ready to take risk to become independent to all kinds of challenges to face in the light of the new hope of the India which is “Aatmanirbhar Bharat”.

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Keywords: Industrial Development, Export and Import, Aatmanirbhar Bharat, COVID, PPE Kits.


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