• About us
  • Contact us
  • Our team
  • Terms of Service
Monday, May 18, 2026
Kashmir Images - Latest News Update
Epaper
  • TOP NEWS
  • CITY & TOWNS
  • LOCAL
  • BUSINESS
  • NATION
  • WORLD
  • SPORTS
  • OPINION
    • EDITORIAL
    • ON HERITAGE
    • CREATIVE BEATS
    • INTERALIA
    • WIDE ANGLE
    • OTHER VIEW
    • ART SPACE
  • Photo Gallery
  • CARTOON
  • EPAPER
No Result
View All Result
Kashmir Images - Latest News Update
No Result
View All Result
Home BUSINESS

Glitzy ads on Make in India cannot sugarcoat its colossal failures: Congress

Press Trust of india by Press Trust of india
September 25, 2024
in BUSINESS
A A
0
FacebookTwitterWhatsapp

New Delhi: Congress president Mallikarjun Kharge on Wednesday alleged that 10 years of the Narendra Modi government’s Make in India “stunt” has put a break on India’s manufacturing and said that glitzy ads cannot sugarcoat its “colossal failures.”

Kharge said that contrary to the BJP’s high decibel propaganda, India’s manufacturing sector has become de-industralised.

More News

PM Modi lands in Sweden; to hold talks on trade, technology, defence

Space intel giant ICEYE chooses India for first Asia-Pacific satellite manufacturing hub

Govt imposes import curbs on silver

Load More

“10 years of Modi Govt’s Make in India Stunt has put Break in India’s Manufacturing! 10 years ago, PM Narendra Modi crafted the slogan of ‘Make in India’ and claimed to build Aatmnirbhar Bharat. Contrary to BJP’s high decibel propaganda, India’s manufacturing sector has got de-industralised due to Modi government’s FLOP policy initiatives,” he said in a post on X.

Kharge listed five “stark facts” which he claimed made India miss the bus on manufacturing.

“The average growth rate of the manufacturing sector between 2014-15 and 2023-24 is just 3.1% (BJP-NDA) whereas between 2004-05 and 2013-14, the average growth rate was 7.85% (Congress-UPA). The number of employees in factories grew at 6.2% annually during the Congress-UPA regime. This growth fell spectacularly to just 2.8% under the Modi government,” the Congress chief said.

Between 2011-12 and 2022, India’s manufacturing sector saw minimal growth in employment, increasing from 6 crore to merely 6.3 crore workers, he said.

“This modest addition of 3 lakh jobs annually is insufficient, considering 1.5 crore youth enter the workforce every year,” he said.

Kharge said that according to NSO, the share of employment in manufacturing accounted for 12.6 per cent of all workers in 2011-12.

This declined to 10.9 per cent in 2020-21, before recovering 11.6 per cent in 2021-22, he said.

Kharge said that the share of manufacturing in India’s GDP has hit “an all time low” of 12.83 per cent in 2023, which under the UPA in 2013 was 15.25 per cent.

“PLI schemes have miserably failed in several sectors. Sectors such as high-efficiency solar PV modules, advance chemistry cell (ACC) batteries, textile products, speciality steel, white goods and medical devices have failed to yield the claimed results,” Kharge said.

He claimed that most Production-Linked Incentive, or PLI, schemes have garnered “lukewarm and tepid” response from the industry and experts have criticised the schemes for their poor design, lack of clarity and no real value addition.

“Year after year, the Modi government has sold stakes of even profit making PSUs to Modi ji’s crony friends, thereby breaking the backbone of our Public sector. Instead of filling vacant government jobs, the Modi government has eliminated 5.1 lakh posts!” he said.

Casual and contract recruitment in PSU’s has increased by a whopping 91 per cent, and SC, ST, and OBC posts have decreased by 1.3 lakh, he said.

“Overall there are 40% contractual employees in Indian factories (2021-22), this was just 5% (2013-14) during Congress-UPA,” he said.

“With rampant joblessness, plunging exports and extinguishing savings, Modi Govt’s glitzy ads on ‘Make in India’ cannot sugarcoat its colossal failures!” Kharge said.

 

 

Previous Post

Bharat is unstoppable: PM Modi on Make in India’s 10th anniversary

Next Post

ADB retains India’s growth forecast at 7%; govt spending, agriculture to boost economy

Press Trust of india

Press Trust of india

Related Posts

PM Modi lands in Sweden; to hold talks on trade, technology, defence

Nation responds to PM’s call for fuel conservation
May 18, 2026

Gothenburg (Sweden): Prime Minister Narendra Modi landed in Sweden on Sunday, where he will hold talks on trade, technology, defence...

Read moreDetails

Space intel giant ICEYE chooses India for first Asia-Pacific satellite manufacturing hub

Space intel giant ICEYE chooses India for first Asia-Pacific satellite manufacturing hub
May 18, 2026

New Delhi:  ICEYE, a global leader in space-based intelligence, is set to establish its first Indian production facility within the...

Read moreDetails

Govt imposes import curbs on silver

Govt imposes import curbs on silver
May 17, 2026

New Delhi: Within days of levying high customs duties on precious metals, the government on Saturday imposed import curbs on...

Read moreDetails

NCB seizes first-ever consignment of Captagon drug worth Rs 182 crore

NCB seizes first-ever consignment of Captagon drug worth Rs 182 crore
May 17, 2026

New Delhi: The Narcotics Control Bureau has busted an international drug syndicate involved in the trafficking of Captagon and seized...

Read moreDetails

India, UAE sign energy, defence pacts during PM Modi’s visit

India, UAE sign energy, defence pacts during PM Modi’s visit
May 16, 2026

Abu Dhabi:  India and the UAE on Friday inked a series of landmark pacts spanning strategic petroleum reserves, long-term LPG...

Read moreDetails

BJP defends fuel hike, says ‘India kept price rise to 3% amid global surge’

Congress often takes position that benefits China instead of India: BJP
May 16, 2026

New Delhi:  The BJP on Friday defended the hike in fuel prices, claiming that India managed to shield citizens from...

Read moreDetails
Next Post

ADB retains India's growth forecast at 7%; govt spending, agriculture to boost economy

  • About us
  • Contact us
  • Our team
  • Terms of Service
E-Mailus: kashmirimages123@gmail.com

© 2025 Kashmir Images - Designed by GITS.

No Result
View All Result
  • TOP NEWS
  • CITY & TOWNS
  • LOCAL
  • BUSINESS
  • NATION
  • WORLD
  • SPORTS
  • OPINION
    • EDITORIAL
    • ON HERITAGE
    • CREATIVE BEATS
    • INTERALIA
    • WIDE ANGLE
    • OTHER VIEW
    • ART SPACE
  • Photo Gallery
  • CARTOON
  • EPAPER

© 2025 Kashmir Images - Designed by GITS.