• Latest
  • Most Read
Aatmanirbharta

With an emphasis on Aatmnirbharta, India is ‘deglobalizing’ its economy

1 year ago
The strange tale of Rabinder Singh, the CIA mole who ended up as a nobody

The strange tale of Rabinder Singh, the CIA mole who ended up as a nobody

1 day ago
Karnam Malleswari: The greatest woman sports icon ignored by Bharat

Karnam Malleswari: The greatest woman sports icon ignored by Bharat

1 day ago
Alliance between Khalistanis and Manipur seperatists?

Alliance between Khalistanis and Manipur seperatists?

1 day ago
We need to resuscitate abandoned temples, not beg for “World Heritage Site Status”!

We need to resuscitate abandoned temples, not beg for “World Heritage Site Status”!

1 day ago
Manish Kashyap: The Thorn in Nitish Kumar’s Side

Manish Kashyap: The Thorn in Nitish Kumar’s Side

1 day ago
Rahul Sharma: A true symbol of Sanatana Dharma

Rahul Sharma: A true symbol of Sanatana Dharma

1 day ago
Maharaja Kharavela: Perhaps the greatest Indian King ever

Maharaja Kharavela: Perhaps the greatest Indian King ever

1 day ago
The Vaccine War review: Yes, Bharat can do it!

The Vaccine War review: Yes, Bharat can do it!

2 days ago
Debt is where AAP is!

Debt is where AAP is!

2 days ago
Who is Jaswant Singh Gill, the inspiration behind ‘Mission Raniganj’?

Who is Jaswant Singh Gill, the inspiration behind ‘Mission Raniganj’?

2 days ago
Operation: Home Ministry orders CBI probe against Kejriwal’s “Sheeshmahal”!

Operation: Home Ministry orders CBI probe against Kejriwal’s “Sheeshmahal”!

2 days ago
Washington Post leaks the truth about Nijjar’s death

Washington Post leaks the truth about Nijjar’s death

2 days ago
No, OYO is not the communion spot for horny youngsters!

No, OYO is not the communion spot for horny youngsters!

2 days ago
IAS officer Rinku Dugga who took her dog for a walk in the stadium “Compulsorily Retired”!

IAS officer Rinku Dugga who took her dog for a walk in the stadium “Compulsorily Retired”!

2 days ago
AFSPA re-imposed in Manipur after several months!

AFSPA re-imposed in Manipur after several months!

2 days ago
  • About us
  • Careers
  • Brand Partnerships
TFI Official Merchandise
TFI हिन्दी
TFI Global
Sunday, October 1, 2023
Tfipost.com
  • Premium
  • Politics
    • All
    • Analysis
    • Opinions
    • Trending
    Karnam Malleswari: The greatest woman sports icon ignored by Bharat

    Karnam Malleswari: The greatest woman sports icon ignored by Bharat

    Alliance between Khalistanis and Manipur seperatists?

    Alliance between Khalistanis and Manipur seperatists?

    We need to resuscitate abandoned temples, not beg for “World Heritage Site Status”!

    We need to resuscitate abandoned temples, not beg for “World Heritage Site Status”!

    Manish Kashyap: The Thorn in Nitish Kumar’s Side

    Manish Kashyap: The Thorn in Nitish Kumar’s Side

    • Analysis
    • Opinions
    • Trending
  • Economy
    • All
    • Business
    • Economy1
    • Finance
    How TVS transformed from a truck maker to a motorcycle giant

    How TVS transformed from a truck maker to a motorcycle giant

    ASUS to relocate its primary manufacturing hub from China to India

    ASUS to relocate its primary manufacturing hub from China to India

    US Business Basics: Essential Legal and Regulatory Insights for Indian Founders

    US Business Basics: Essential Legal and Regulatory Insights for Indian Founders

    Why IKEAs and Urban Ladders could not replace the friendly neighbourhood carpenter

    Why IKEAs and Urban Ladders could not replace the friendly neighbourhood carpenter

    • Business
    • Finance
  • Defense
    • All
    • Defence
    • Strategy
    • Weaponry
    new CBI director Praveen sood biography

    Who is Praveen Sood the New CBI Director: Professional Background, Achievements and Significance of the Appointment

    Paramjit Singh Panjwar shot dead

    Paramjit Singh Panjwar shot dead: Keep calm and trust the Indian Armed Forces

    Swarm satellites

    India’s Bold Step towards Satellite Swarm Intelligence: A New Era in Space Technology

    INS Vikrant gets historic 1961 bell of 1st warship from ex-Navy vice chief

    INS Vikrant gets historic 1961 bell of 1st warship from ex-Navy vice chief

    • Defence
    • Strategy
    • Weaponry
  • Geopolitics
    • All
    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
    Washington Post leaks the truth about Nijjar’s death

    Washington Post leaks the truth about Nijjar’s death

    The sad, tragic journey of Justin Trudeau

    The sad, tragic journey of Justin Trudeau

    Canada learns diplomacy the “Jaishankar Way”

    Canada learns diplomacy the “Jaishankar Way”

    “Why don’t ask Pakistan for Khalistan?” Canadian journalist drops a bombshell

    “Why don’t ask Pakistan for Khalistan?” Canadian journalist drops a bombshell

    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
  • Knowledge
    • All
    • Culture
    • Education
    • History
    • Indology
    The strange tale of Rabinder Singh, the CIA mole who ended up as a nobody

    The strange tale of Rabinder Singh, the CIA mole who ended up as a nobody

    Maharaja Kharavela: Perhaps the greatest Indian King ever

    Maharaja Kharavela: Perhaps the greatest Indian King ever

    NAVIGATING THE CCNA EXAM: A BEGINNER’S HANDBOOK TO IT CERTIFICATION

    NAVIGATING THE CCNA EXAM: A BEGINNER’S HANDBOOK TO IT CERTIFICATION

    When BR Ambedkar openly challenged the Nizam Shahi

    When BR Ambedkar openly challenged the Nizam Shahi

    • Culture
    • History
    • Indology
  • Law
  • Lounge
    • All
    • Books
    • Cinema
    • Food
    • Games
    • Health
    • Lifestyle
    • Satire
    • Sports
    • technology
    • Travel
    The Vaccine War review: Yes, Bharat can do it!

    The Vaccine War review: Yes, Bharat can do it!

    Who is Jaswant Singh Gill, the inspiration behind ‘Mission Raniganj’?

    Who is Jaswant Singh Gill, the inspiration behind ‘Mission Raniganj’?

    Sanath Jayasuriya, the greatest all-rounder who never got his due

    Sanath Jayasuriya, the greatest all-rounder who never got his due

    Celery Soup health benefits

    9 Health Benefits of Celery Soup: Exploring the Nutritional Elixir

    • Books
    • Cinema
    • Food
    • Health
    • Sports
    • technology
    • Travel
    • Satire
No Result
View All Result
Tfipost.com
  • Premium
  • Politics
    • All
    • Analysis
    • Opinions
    • Trending
    Karnam Malleswari: The greatest woman sports icon ignored by Bharat

    Karnam Malleswari: The greatest woman sports icon ignored by Bharat

    Alliance between Khalistanis and Manipur seperatists?

    Alliance between Khalistanis and Manipur seperatists?

    We need to resuscitate abandoned temples, not beg for “World Heritage Site Status”!

    We need to resuscitate abandoned temples, not beg for “World Heritage Site Status”!

    Manish Kashyap: The Thorn in Nitish Kumar’s Side

    Manish Kashyap: The Thorn in Nitish Kumar’s Side

    • Analysis
    • Opinions
    • Trending
  • Economy
    • All
    • Business
    • Economy1
    • Finance
    How TVS transformed from a truck maker to a motorcycle giant

    How TVS transformed from a truck maker to a motorcycle giant

    ASUS to relocate its primary manufacturing hub from China to India

    ASUS to relocate its primary manufacturing hub from China to India

    US Business Basics: Essential Legal and Regulatory Insights for Indian Founders

    US Business Basics: Essential Legal and Regulatory Insights for Indian Founders

    Why IKEAs and Urban Ladders could not replace the friendly neighbourhood carpenter

    Why IKEAs and Urban Ladders could not replace the friendly neighbourhood carpenter

    • Business
    • Finance
  • Defense
    • All
    • Defence
    • Strategy
    • Weaponry
    new CBI director Praveen sood biography

    Who is Praveen Sood the New CBI Director: Professional Background, Achievements and Significance of the Appointment

    Paramjit Singh Panjwar shot dead

    Paramjit Singh Panjwar shot dead: Keep calm and trust the Indian Armed Forces

    Swarm satellites

    India’s Bold Step towards Satellite Swarm Intelligence: A New Era in Space Technology

    INS Vikrant gets historic 1961 bell of 1st warship from ex-Navy vice chief

    INS Vikrant gets historic 1961 bell of 1st warship from ex-Navy vice chief

    • Defence
    • Strategy
    • Weaponry
  • Geopolitics
    • All
    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
    Washington Post leaks the truth about Nijjar’s death

    Washington Post leaks the truth about Nijjar’s death

    The sad, tragic journey of Justin Trudeau

    The sad, tragic journey of Justin Trudeau

    Canada learns diplomacy the “Jaishankar Way”

    Canada learns diplomacy the “Jaishankar Way”

    “Why don’t ask Pakistan for Khalistan?” Canadian journalist drops a bombshell

    “Why don’t ask Pakistan for Khalistan?” Canadian journalist drops a bombshell

    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
  • Knowledge
    • All
    • Culture
    • Education
    • History
    • Indology
    The strange tale of Rabinder Singh, the CIA mole who ended up as a nobody

    The strange tale of Rabinder Singh, the CIA mole who ended up as a nobody

    Maharaja Kharavela: Perhaps the greatest Indian King ever

    Maharaja Kharavela: Perhaps the greatest Indian King ever

    NAVIGATING THE CCNA EXAM: A BEGINNER’S HANDBOOK TO IT CERTIFICATION

    NAVIGATING THE CCNA EXAM: A BEGINNER’S HANDBOOK TO IT CERTIFICATION

    When BR Ambedkar openly challenged the Nizam Shahi

    When BR Ambedkar openly challenged the Nizam Shahi

    • Culture
    • History
    • Indology
  • Law
  • Lounge
    • All
    • Books
    • Cinema
    • Food
    • Games
    • Health
    • Lifestyle
    • Satire
    • Sports
    • technology
    • Travel
    The Vaccine War review: Yes, Bharat can do it!

    The Vaccine War review: Yes, Bharat can do it!

    Who is Jaswant Singh Gill, the inspiration behind ‘Mission Raniganj’?

    Who is Jaswant Singh Gill, the inspiration behind ‘Mission Raniganj’?

    Sanath Jayasuriya, the greatest all-rounder who never got his due

    Sanath Jayasuriya, the greatest all-rounder who never got his due

    Celery Soup health benefits

    9 Health Benefits of Celery Soup: Exploring the Nutritional Elixir

    • Books
    • Cinema
    • Food
    • Health
    • Sports
    • technology
    • Travel
    • Satire
No Result
View All Result
Tfipost.com
No Result
View All Result

HOME » Economy » With an emphasis on Aatmnirbharta, India is ‘deglobalizing’ its economy

With an emphasis on Aatmnirbharta, India is ‘deglobalizing’ its economy

Abhishek Kumar Singh
by Abhishek Kumar Singh
4 August 2022
in Economy
0
Aatmanirbharta
1.5k
VIEWS
Share on FacebookShare on Twitter

In 2008, when the Global Financial crisis hit western countries, India was at grave risk. Somehow, our economy managed to hold up. But, the lesson was clear and the lesson was that the world will be looking to deglobalise in future and India must be prepared for it. Aatmanirbhar economy is only an antidote to the excesses of globalisation.

Aatmanirbharta – Startup boom in India

Reports from every sector of the economy suggest that India has made a massive jump towards utilising its young consumer base. Recently, Piyush Goyal, Minister of Commerce informed the world that India has achieved a stupendous feat of having 75,000 start-ups. The official statement stated that the boom is fuelled by innovation, enthusiasm, and entrepreneurial spirit.

These numbers tell the power of a vision.

A vision to see innovation & enterprise drive growth.

India is now home to 75,000 startups in the 75th year of Independence and this is only the beginning. pic.twitter.com/Dh6sVxUnLU

— Piyush Goyal (@PiyushGoyal) August 3, 2022

Moreover, the unnecessary jibe of ‘suit-boot ki sarkar’ has also been falsified by the start-up numbers. 49 per cent of these startups are located in Tier 2 and Tier 3 cities of India, rather than Tier 1 where big business houses have their bases. Moreover, in consonance with changing demands, 12 per cent of these startups cater to IT services. 9 per cent to healthcare, 7 per cent to education, while 5 per cent each serves professional commerce and agriculture. Raghuram Rajan’s fear of jobless growth is also shattered by these start ups as they have created 7.46 lakh jobs so far. Though, in terms of job creation, it is still a long way to go.

Domestic investors making up for FPIs

While Indian citizens are heavily participating in job creation, it would be a gross underestimation that they are running a rat race of startups. Indians have now deep-rooted confidence in Indian market as well. According to latest numbers collected by primeinfobase.com, holding of domestic institutional investors (DII) in NSE listed companies hit an all time high in June this year. It coincided with a decadal low share of Foreign Portfolio investors (FPIs).

During the latest quarter, DIIs pumped in more than ₹ 1.28 trillion in Indian markets. At the same time, due to a change in policy stance by US Federal reserve, FPIs pulled out more than ₹ 1.07 trillion from the Indian market. The gap between DII and FPI holdings has also narrowed down to 26.77 per cent. Now, the combined share of DII, retail investors and High Net Individuals in Indian markets stand at 23.53 per cent.

Aatmanirbhar Bharat (Self-reliant India) and PLI Scheme did the job

Both 75,000 start ups and rise of DIIs are remarkable achievements considering the fact that traditionally Indian governments have not been supportive of entrepreneurship and other risk taking aspects of their countrymen and women. But, Modi government’s emphasis on Aatmanirbharta has brought a massive shift in how people look at these aspects.

Initially, it was tough for Aatmanirbharta to get going, but as soon as government pumped in incentives through PLI scheme, the initiative accelerated the growth of production. The ₹ 1.97 lakh crores worth of incentives have brought in tremendous change. Sectors such as drones, automobiles, white goods, textiles, pharmaceuticals, smartphones among others are witnessing a boost in the productivity. The minimum production in the country is expected to be worth around ₹ 37.50 lakh crores, and the minimum employment generation is expected to rise by one crore over five years.

Also Read: Startup India and Make in India expected to boost employment in 2022

FDIs are not a threat to Aatmanirbharta

Okay, got it, production is increasing, but where will those produces be consumed? The answer is that most of them will be consumed in India itself. In 2025, India’s median age will be around 30, which is the age at which most people start to settle down and buy more and more stuff. The consumption capacity will be fuelled by increasing purchasing power and jobs which people are getting in aforementioned sectors.

In other words, Indians will work in Indian-owned factories, earn wages and then will spend that money to buy products which other Indians are producing. The only foreign hand in this chain is that of investors who are currently pouring money into India through FDIs. But, given the fact that FDIs are being watched cautiously by the government, they are less likely to negatively impact our prospects in near future, at least not for a decade. Chinese investors looking to invest in India know it better than anyone else.

At the same time, Indian startups are growing in terms of valuation. We have more than 100 Unicorns. It simply means that our own Venture Capitalists are set to increase further. Just like DIIs are filling space vacated by FPIs, local VCs will be taking over Foreign funding as well. After knowing all this, show me a better example of an Aatmanirbhar economy.

Support TFI:

Support us to strengthen the ‘Right’ ideology of cultural nationalism by purchasing the best quality garments from TFI-STORE.COM

Also Watch:

Tags: aatmanirbharEconomyIndiapercentSelf reliant
ShareTweetSend
Previous Post

First Varun Grover and now this lady – Who is selecting the writers for Akshay Kumar?

Next Post

Time for Modi government to move in the UCC direction

Abhishek Kumar Singh

Abhishek Kumar Singh

Truth Seeker. Columnist at TFI Media.

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms of use and Privacy Policy.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

  • Most Read
  • Comments
  • Latest
Xi Jinping, coronavirus, Shinzo Abe, china, Japan, coornavirus, COVID-19, Wuhan Virus

‘Pack up and get out of there,’ Japan to spend $2.2 billion to get Japanese companies to exit China

9 April 2020
ajay devgn karan johar

The man who bullied the Bully – How Ajay Devgn made Karan Johar’s monopoly a joke and forced him to apologize

22 June 2020
Huawei, China, Trump, USA, Xi Jinping

‘Our survival is at stake now,’ Chinese Telecom giant Huawei crumbles after US ban on Semiconductor exports

19 May 2020
T-Series Sonu Nigam Divya Khosla Kumar Bhushan Kumar

T-Series forced to take down Atif Aslam’s video, Divya Khosla trolled. T-Series has a bad day in office

25 June 2020
Meat Ban

A Jain responds to Meat Ban in Mumbai

Public Sector Bank, Government, Bill

Dear bank employees, continue your stride but PSBs will be privatized

anti-Hindi

Anti-Hindi Forever?- In search of a National Language!

Dear Liberals – your Beef Parties are not protests, they just intend to displease the Majority

Dear Liberals – your Beef Parties are not protests, they just intend to displease the Majority

The strange tale of Rabinder Singh, the CIA mole who ended up as a nobody

The strange tale of Rabinder Singh, the CIA mole who ended up as a nobody

29 September 2023
Karnam Malleswari: The greatest woman sports icon ignored by Bharat

Karnam Malleswari: The greatest woman sports icon ignored by Bharat

29 September 2023
Alliance between Khalistanis and Manipur seperatists?

Alliance between Khalistanis and Manipur seperatists?

29 September 2023
We need to resuscitate abandoned temples, not beg for “World Heritage Site Status”!

We need to resuscitate abandoned temples, not beg for “World Heritage Site Status”!

29 September 2023

Popular This Week

Vijay Darda Coalgate
Opinions

The Vijay Darda Cover-Up: How media shielded a Coalgate scam mastermind

by Atul Kumar Mishra
25 September 2023
India Vs Canada+West: What happened, why it happened and what will happen?
Geopolitics

India Vs Canada+West: What happened, why it happened and what will happen?

by Atul Kumar Mishra
24 September 2023
“Why don’t ask Pakistan for Khalistan?” Canadian journalist drops a bombshell
Geopolitics

“Why don’t ask Pakistan for Khalistan?” Canadian journalist drops a bombshell

by Animesh Pandey
27 September 2023
No more Bollywood films for Nayanthara?
Cinema

No more Bollywood films for Nayanthara?

by Animesh Pandey
22 September 2023
Trudeau Loses America to Modi’s Magic
Geopolitics

Trudeau Loses America to Modi’s Magic

by Animesh Pandey
25 September 2023

©2023 TFI Media Private Limited

  • Terms of use
  • Privacy Policy
  • Sitemap
No Result
View All Result
  • Premium
  • Politics
    • Analysis
    • Opinions
    • Trending
  • Economy
    • Business
    • Finance
  • Defense
    • Defence
    • Strategy
    • Weaponry
  • Geopolitics
    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
  • Knowledge
    • Culture
    • History
    • Indology
  • Law
  • Lounge
    • Books
    • Cinema
    • Food
    • Health
    • Sports
    • technology
    • Travel
    • Satire
TFI Official Merchandise
TFI हिन्दी
TFI Global
  • About us
  • Careers
  • Brand Partnerships

©2023 TFI Media Private Limited

Follow us on Twitter

and never miss an insightful take by the TFIPOST team

Follow @tfipost