Read more about There’s no such thing as self-reliance on Business Standard. For sustained growth India needs to use foreign capital and foreign know-how to produce goods that it sells in foreign markets. What’s self-reliant in that?
If there is one phrase that has confused and confounded both domestic and foreign investors over the past year, it is “Aatmanirbhar Bharat”. What does “self-reliance” mean in practice? Ever since the prime minister introduced the new tagline for the country’s economy in a major speech sometime into the lockdown last year, the government has sent out mixed messages.
