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Is make in india a example of import substitution? Plzz answer fast

Posted by Aparna Singh 5 years, 10 months ago

CBSE > Class 12 > Economics

1 answers

Shivangi Goel 5 years, 10 months ago

Make in india is not a strategy of import subsitution because...... .1 Aim of this is to make indian manufactured goods globally competitive by harnessing demographic dividend......... 2 Govt is not pursuing protectionist policy in trade and is rather advocating open flow of goods......... 3 Many sectors have been opened FDI by raising its limits....... Thus, both of these have common objectives of generating employment, driving economic growth but adopt diffrent means to achieve it.... Hope this will help you...

2Thank You

ANSWER

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