| Prime Minister Narendra Modi in recent weeks has emphasised on the idea of an Atmanirbhar Bharaf or a self- reliant India. However the government has faced a volley of questions since then about whether the aim is to drag India back to import substitution and isolationism. The aim to make India self-reliant was outlined by the Prime Minister while announcing that his government will help the Indian economy get back on its feet with a Rs. 20 lakh crore economic package. March towards a self-reliant India should not be taken as a return to the licence-permit raj and inspector raj of the socialist era. "Far from suggesting a centralised" top - down model directed from the "commanding heights" of the Planning Commission the Prime Minister spoke of freeing Indian entrepreneurship and innovation from bureaucratic hurdles. This is about decentralised localism that pride in local brands emphasises resilence and flexibility and encourages local capacity-building. |
| Source: financialexpress.com, June 6, 2020 |
| During 1950-90 import restrictions were desired to: |
A) save foreign exchange
B) protect domestic industries
C) Independent India
D) Both [a] and [b]
Correct Answer: D
Solution :
[d] Both [a] and [b]
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