In 5 Years, We Will…”: Congress Chief’s Big Promise For ‘Make In India’
New Delhi:
Mallikarjun Kharge, the president of the Indian National Congress today said that his party resolves to make the country a manufacturing hub by raising the share of manufacturing from 14% to 20% of GDP in the next five years.
Writing about making (manufacturing) in India on his official X handle, Mr Kharge tweeted, “Congress resolves to make India a manufacturing hub by raising the share of manufacturing from 14% to 20% of GDP in the next 5 years.”
Lauding the Congress’s regime, Mr Kharge claimed that the nation’s manufacturing share of GDP was higher compared to the rule of the BJP.
It is thus no surprise that in the last 25 years, India’s manufacturing share of GDP has been higher during the Congress rule. On the contrary, in the last 10 years (2014-24), the share of manufacturing has stagnated at just 14%”, he claimed.
Mr Kharge also said, “Congress is determined to make India the manufacturing powerhouse that produces goods and services for itself and the world.”
The Congress leader also said that the party’s immediate objective will be to restore a healthy, fearless and trustworthy climate for businesses.
Elaborating on the party’s goal, Mr Kharge said that the Congress government in 1991 abolished industrial licensing and controls. “The independent regulatory regime that was put in place has deteriorated into a system of overt and covert controls,” he added.