ATMA-NIRBHAR  BHARAT



                 Either this is taking India's economic policy in the wrong direction or just another 

propaganda slogan from Narendra Modi. India needs to be more globally involved rather

than turning in an inward cocoon. India is confronting serious warning signals. It is slipping down 

among the countries of the world, in terms of child development, hunger index and human freedoms.

It has taken backward steps with respect to global trade. All these negative trends precede Kovid 19 

pandemic.


                Here are a few policy recommendations based on the opinions of well known economists:

(1)     India's economic slowdown is primarily due to slackening of consumer demand. Keynsian 

          economic stimulus is called for, such as, significant cash transfers in the hands of the poor.

(2)     To alleviate high urban youth unemployment. something like starting urban MNREGA 

          may be helpful.

(3)     Rural poverty can be reduced thru providing incentives to small industries for producing 

         consumer goods, based on low skill labor.

(4)     Create Special Economic Zones to encourage export-oriented manufacturing and attract

          foreign direct investment.



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