Essey on "CONVERSE BLUE TO GREEN FOR AN AATMANIRBHAR BHARAT"
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ExplaFor Prime Minister Narendra Modi’s 12 May 2020 political slogan of Atmanirbhar Bharat to become a reality, he will have to wage a war. In this war, words and slogans will not do; at best they will be a starting point. This war will challenge an enemy that is deeply and integrally embedded in the political economy of India. It will have to obliterate the vested interests of a corrupt establishment. It will have to destroy carefully-created edifices of an unaccountable, entitled and rent-seeking economic system where the incumbent beneficiaries will fight back. It will have to be led by the Executive, at the Union and in states. It will need to be powered by tools crafted and repurposed in Legislatures, in the Parliament and Legislative Assemblies. This will be India’s war on regulatory excesses that have placed barriers to doing business and has slowed if not smothered entrepreneurship.
Between the ongoing trade wars on the one side and a potentially contracting global economy on the other, the path ahead was clear. But the tipping point of Atmanirbhar Bharat has been China on the border, the reaction to which has set the public discourse on fire. Business actors have announced their intentions. When the Chinese state propaganda outlet Global Times Editor-in-Chief Hu Xijin provoked India’s economic nationalism, Mahindra Group Chairman Anand Mahindra gave a fitting reply. On cue, JSW Cement Managing Director Parth Jindal said that the JSW Group has pledged to bring down $400 million of net imports from China to zero in the next 24 months. Three weeks earlier, the Confederation of All India Traders had launched its #BoycottChineseProducts campaign, with the objective to reduce Chinese imports by Rs 1 lakh crore by December 2021. Others are readying themselves to shun Chinese goods as a rising consumer movement seeks to upend India’s ‘cheap product’ addiction.
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