Delhi Chief Minister Arvind Kejriwal on Saturday embarked on the importance of promoting the manufacturing sector and start-ups for the economic progress of India.
Addressing the Niti Aayog Governing Council Meeting, he said that the Central and State Governments should come together to build manufacturing hubs across the country, to provide facilities and give tax breaks to MSMEs, manufacturers, and industrialists, for import substitutes and exports.
" India has never given importance to the manufacturing sector in the last 70 years and it is lagging behind in this sector, which has made China capture the markets. It is necessary to aggressively pursue manufacturing for India's economic progress, creation of jobs, and GDP growth, he added.
The Chief Minister also said that the youth possesses the potential and the energy to start new businesses which is why India needs to aggressively promote start-ups to create jobs in the country.
Kejriwal said, "I would like to shift PM's focus to two issues. In the last 70 years, our country has never given importance to the manufacturing sector, as a result of which people are leaving the manufacturing sector and are moving towards the trading and service sectors. Our country is lagging behind in the manufacturing sector."
"We witnessed that India had to confront two issues in the last year. First is COVID, which hugely affected the manufacturing sector and many jobs were lost. Secondly, on one hand, we saw how China has been challenging us on the border, and on the other hand, it has captured our markets and Chinese products are replacing Indian products on a large scale. We should aggressively pursue manufacturing," he said.
The chief minister said, "The youth of our country needs to come to the forefront. The youth possesses the potential and the energy to start new businesses. If the Central and State governments come together and provide facilities to our youth, we will have a huge contribution to the progress of the nation."