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Notice (8): Undefined variable: urlPrefix [APP/Template/Layout/printlayout.ctp, line 8]latest-news-updates/can-foreign-direct-investment-dependence-lead-to-atmanirbhar-bharat.html"/> LATEST NEWS UPDATES | Self reliance and FDI dependence -Surabhi Agarwal, Bobby Ramakant and Sandeep Pandey | Im4change.org
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Self reliance and FDI dependence -Surabhi Agarwal, Bobby Ramakant and Sandeep Pandey

-The Indian Express

Privatisation does not make a self-reliant nation. A decentralised, people-centric approach to development will help

Mahatma Gandhi’s conception of self-reliance was of simple living and self-sufficiency. The basic idea was to use local resources and a local workforce for the production of commodities for local consumption to the extent possible, with minimal dependence on the outside world. But the Indian government’s clarion call for “Atmanirbhar Bharat” (self-reliant India) has not been matched by steps towards either simple living (especially for the middle and rich classes) or local self-sufficiency. And, after one of the biggest and strictest lockdowns in the world, following the COVID-19 pandemic, the recently announced relaxations and relief measures aimed at rebooting the economy are likely to take us even further away from the Gandhian value of self-reliance.

In the last couple of months, COVID-19 has shown us how inextricably public health and the economy are linked. Despite the private health sector in India having more ventilators, doctors and hospital beds than the public healthcare sector, it has essentially been public healthcare which — though chronically underfunded and neglected — has been bearing the brunt of the pandemic. The private sector has either been found playing it safe by “distancing” itself from its patients or busy making profits even in this time of humanitarian crisis.

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