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Make in India should move focus away from strong sectors, says NITI


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R  ponnabalam
We deceived ourself enough let us wake up
by R ponnabalam on Jan 23, 2017 05:06 PM

“ majority of these areas, it said, were those in which India was strong already.” But we are importing bolt , nut , plastic items computer peripherals, computer Dies for plastics& forgings , and machineries and please tell what all we are exporting because we are strong in these areas.and why we have unfavourable balance of trade with China. We had HMT doing well in the late sixties.Have they grown enough to manufacture Heavy Machine Tools. What is the quality of Machines and Machine Tools that serve us and Technology improvement. See the look of machine bed castings of 2nd world war vintage and our current machines and see the spares coming from japan for their quality .the world wants components or parts manufactured from CNC machines to have repeat accuracy and consistency. We have vacuous loud boasting of Jugad. The Market Economy has performed itself as “pocket bank money economics”The profit of Industries have gone up but the banks NPA also has gone up. For the past 2 &1/2 to 3 years the record player used to sing “poor liquidity in bank”.now banks are awash with cash; but not many are seen having come in right earnest but mouth demonetization never accepting that it is not RBI ‘s job to provide them with RBI governor pledged currency notes but RBI has rights to punish them for using it in ways different from what RBI has meant it for. Whatever may be the sector it is time the Govt,revives Public sec

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