Question

what is the difference between atam nirbhar Bharat and make in India​

Answer 1

Answer:

This time around, with ‘Atma Nirbhar’ (self-reliance), there is a targeted focus on specific sectors — defence, pharmaceuticals, and electronics sectors are most likely to reap the benefits.

“None of the key parameters suggest any material improvement in the performance of the manufacturing sector over the last six years,” said a report by Citi Research highlighting the inefficiency of Make-in-India. The share of value-added by the manufacturing sector to the country’s overall production has remained stagnant between 17% to 18% over the last decade.

With Atma Nirbhar Bharat, analysts see the policy focus shifting from exports and towards attracting shifts of supply chains to providing fiscal incentives and putting in import restrictions instead. Citi Research notes that most companies are anyway going to adopt a ‘China plus 1’ strategy rather than entirely move out of China.

Parameter Make in India Atma Nirbhar Bharat

Exports will remain the key focus, as in any developing economy. However, the fundamental difference between ‘Make in India’ and Atma Nirbhar is the realisation that India can’t control what the world will buy and therefore, it should focus on its strengths instead of playing in areas where the global competition is intense.

Answer 2

Answer:

Six years after ‘Make in India’, analysts are hoping that the Atma Nirbhar Bharat programme will have more ‘material impact’ on India’s manufacturing sector. With the ‘Make in India’ programme in 2014, the Narendra Modi government was pushing for a one-size-fits-all solution across 25 sectors.

This time around, with ‘Atma Nirbhar’ (self-reliance), there is a targeted focus on specific sectors — defence, pharmaceuticals, and electronics sectors are most likely to reap the benefits.

between 17% to 18% over the last decade.

With Atma Nirbhar Bharat, analysts see the policy focus shifting from exports and towards attracting shifts of supply chains to providing fiscal incentives and putting in import restrictions instead. Citi Research notes that most companies are anyway going to adopt a ‘China plus 1’ strategy rather than entirely move out of China.