Never miss a story

Get subscribed to our newsletter


×
The Swadeshi Movement propelled the Indians to embrace the idea of 'self-sufficiency', hence terminating the 'economic dependency'. Wikimedia Commons

By-Deeksha Negi
The month of August holds an astonishing position in Indian Freedom Struggle . As on 7 August 1905, ‘The Swadeshi Movement ‘ commenced. The misery of Indian Farmers and weavers urged for a Nationwide Strong Movement during the 19th century. Prominent Nationalists like Lokmanya Tilak, Aurbindo Gosh, Lala Lajpat Rai, and V. O Chidambaram Pillai initiated this Well Known Mass Movement.

Mahatma Gandhi added momentum to this movement by urging the locals to wear ‘khadi’ and boycott the mill made cloth and other imported products. The Swadeshi Movement propelled the Indians to embrace the idea of ‘self-sufficiency’, hence terminating the ‘economic dependency’.


It’s been 72 years after Indian independence, and now Swadeshi Movement has once again gained pace. With continuous efforts so that no stone remains unturned, the nation is astoundingly moving forward with ‘Atmanirbhar Bharat and Vocal For Local’ to envision the Swadeshi dream into reality.


Envisioning the Swadeshi movement through Aatmanirbhar Bharat. Wikimedia Commons

Let’s peep into the current scenario:-

Indian Government has identified 12 sectors including auto components, textiles, leather and shoes, industrial machinery, and agrochemicals; where we can do miracles by becoming self-sufficient and also potentially excelling as a global supplier. Many IIT based startups came up with the idea of COVID Ventilators which are 90% cheaper than imported ones, which is a sublime example of Local potential.
Taking about the Challenges ahead; India ranks 63 in the world in ‘Ease of Doing Business’. A pile of complicated licensing and tariff policies drives the companies away.


Tiktok is among the 59 Chinese Apps recently banned by the Indian Government. Pixabay

ByteDance, the owner of Tiktok, clocked in a profit of Rs.3.4 crore in its first full year of operations. Approximately, 10 percent of its revenue share comes from India. According to industry estimates, TikTok’s advertising revenue in India grew by 50 percent in just one year. PUBG earns Rs.4.9 crore ($7 million) every month in India.
Although due to the Indo-China border dispute, the Indian Government recently banned 59 Chinese apps including Tiktok although this won’t make a huge difference unless the masses are willing participants in this.
According to a study by ASSOCHAM, 40% of Indian Toy Making Industries have been closed in the last 5 years and 20% are on the verge of closure. While India is paying Rs. 2775 crore to China for the toys, children at your home might be playing with. In the year 2018-19 India imported fertilizers worth Rs.10636 crore from China.

From Iron and Steel to Decorative Art pieces China holds a monopoly as an exporter to India.

ALSO READ- Small Town Women at Higher Risk of Violence from Partner: Study

Due to constraints by the World Trade Organisation (WTO), Economically boycotting the Dragon won’t be that easy, what Indians can do on their part is shift their purchases from imported goods to locally made products.

There are a lot of alternative brands available in the market which are either ‘Made In India’ or ‘Assembled in India’, Well both the preceding choices are better than solely Imported Goods. And yes, the idea of ‘Self Reliant India’ will not only promote Small Scale Local Manufacturers and Indian based Start-Ups but will also boost the prestige of ‘New India’ in a Long Run.


Popular

IANS

"Our focus and USP at Forest Essentials has always been at delivering high quality Ayurvedic products in a sustainable way, with a global appeal.

One of Indi's leading luxurious Ayurveda skincare brands, Forest Essentials, announces its international foray with the London based Lookfantastic.com, Euroe's premium online beauty retailer. The partnership enables the brand to take significant strides towards its expansion globally starting with the launch in the United Kingdom. "Our focus and USP at Forest Essentials has always been at delivering high quality Ayurvedic products in a sustainable way, with a global appeal.

We firmly believe that the time is right for Forest Essentials to expand to the UK, as our first international footprint with Lookfantastic,' Europe's premium online beauty retailer. "The UK audience is well aware of Ayurveda and we are certain that the demand for our Made in India luxurious Ayurveda products, is going to continue to grow multifold, as consumers are today looking for moments of self-care, to feel better in this stressful period and we are well positioned to support this type of feel-good indulgence that consumers are seeking today," says Samrath Bedi, Executive Director, Forest Essentials. The brand's iconic product ranges, across skincare, body care and haircare will be available for purchase in the UK, including the Soundarya collection, crafted with 24k gold.

Keep Reading Show less
IANS

Khadi is no longer a dull, drab fabric meant only for politicians' wardrobes.

Khadi is no longer a dull, drab fabric meant only for politicians' wardrobes. A fashion show organised by the Khadi Gramodyog Board as part of the Azadi Ka Amrit Mahotsav to mark the 75th year of India's Independence showcased the use of Khadi in traditional, as well as, contemporary and festive wear. From lehengas in resplendent Khadi silk to western clothes and casual wear, the models on Thursday night displayed new facts of the fabric.

Several well-known Indian designers including Ritu Beri, Farah Ansari, Rina Dhaka, Asma Husain, Aditi Rastogi and Himmat Singh showcased their designs. Gaurav Gaur directed the fashion show with clothes like lehengas, kurtis, kurta pajamas and partywear.

Lucknow's chikankari and silk artisans also participated in the event. A wedding collection in Khadi was the highlight of the show. "The show was based on the concept 'Khadi for nation, Khadi for fashion' and the fabric for all costumes was provided by Khadi Gramodyog Board," said a spokesman. (IANS/ MBI)


Keep Reading Show less
Wikimedia Commons

Pat Gelsinger, CEO - Intel

Intel saw its stock tumbling by more than 8 percent after the chipmaker said the industry-wide component shortage affected its PC chip business during the third quarter (Q3). Intel CEO Pat Gelsinger told CNBC late on Thursday that he didn't expect the semiconductor shortage to end until 2023. "We're in the worst of it now, every quarter, next year we'll get incrementally better, but they're not going to have supply-demand balance until 2023," Gelsinger was quoted as saying.


The company delivered its Q3 results with revenue up 5 percent (year-over-year) driven by strong demand in its DCG and IoTG businesses, despite the highly constrained industry-wide supply environment. "Q3 revenue was $18.1 billion slightly below our guide due to shipping and supply constraints that impacted our businesses," George S. Davis, Chief Financial Officer, said in a statement. He also announced plans to retire from Intel in May 2022. In the third quarter, the company generated $9.9 billion in cash from operations and paid dividends of $1.4 billion.

Keep reading... Show less