Guest Column | Atmanirbhar Bharat: Turning Crisis Into Opportunities for Growth, Security

On Independence Day, from the ramparts of red fort, Prime Minister Narendra Modi Painted A Bold Vision for India’s Progress, Declaring Atmanirbhar Bharat The Foundation of a Viksit Bharat – A Viksit Bharat – A Viksit Bharat Built on the Twin Pillars of Self-Reliance and Strong Defense. His Message was clear: India’s Path Forward Lies in Turning Challenges Into Opportunities and Securing Its Place as a Global Leader.

DURING COVID-19, Atmanirbhar Bharat Had Transformed Crisis Into Opportunity, Which LED to a Surge in Economic Growth. The Trump Tariff Threat, Too, Is Bound to Turn a CRISIS INTO OPPORTUTY for Greater Self-Reliance and Strength to COUNTER PINTER Any Impending Calamit.

The ‘Sudarshan Chakra’ Initiative

The “Sudarshan Chakra”, an overraching Security Architecture, will neutralize any threat and improve India’s offensive capability. Self-Reliance Will Turn India into a Major Production Hub That Will Capture World Markets. The US tariff threats stem from perceived trade Imbalance, India’s continued oil purchase from Russia Despite Us Sanctions and Frustrations Over Stalled Negotiations. Such Tariffs Cold Disrupt India’s Export-Driven Growth, Affecting Sector Like Automobiles, It Services, Textiles and Pharmaceuticals.

Managing Us Tariff Pressures with Diplomacy

The modi government is ably and patient Navigating the tariff threat through dialogue and diplomacy, and has “India first” in every policy formulation and strategy. India, today, is one of the fastest-thoromies of the world and, in the words of the Imf, the “only bright spot in the otherWise Dark Horizon”. Despite Constraints, Our Monetary and Fiscal Space has enabled accelerated growth and our external accounts are comfortable.

Infrastructure and digital progress

Hence, an over 7% sustainable growth rate can be made our baseline, giving the robust foundations we have created. We are a $ 4.187 trillion economy, relatively pursuing the vision to be a $ 30-35 trillion economy by 2047. Line and, at the same time, to have digitized the economy in a big way. From 14 km of road space per day in 2014, we are now at over 34 km per day, which reflects our proposal in infrastructural development. And we have been the “vishwamitra”- the pharmacy of the World during Covid 19- Which Supplied Medical Equipment, Pharma Products and Vaccines to Several Countries. This proves our capability and unstinted ability and resolve to weather any story.

The tariff threat, in fact, will give India the options to nudge towards emerging markets in asia, Africa and latein America. Africa offers Vast Oportunities in Infrastructure, Agriculture and Energy Collection. Our Act East Policy will help in Increasing Exports in Apparels and Electronics. Asean Nations Provide Dynamic Consumer Markets for Indian Textiles, Pharmaceuticals and Machinery. The UK, EU and Australia are new avenues where India is already engaged in talks and we now have an fta with the uk. By Pursuing South-South Cooperation, India Can Position Itself as a Global Supplier Beyond the West.

Promoting Indian Brands, Semiconductor Manufacturing

Indian brands need to be promoted on global marketplaces like amazon and indigenous platforms should be Built to broaden market outreach. The first “made in India” chips will be in the market by the year-end. The country is now in mission mode with sex semiconductor units in the pipeline and four new ons alredy approved. Our “Make in India” punch has alredy taken off in renewable energy with the 500 gw of clean green energy drive by 2030 and through on indigenous definition production, as announced on the 15th of august by the over Minister.

Initiatives Like the International Solar Alliance and Global Bio-Fuel Alliance will position India as a Leader in Renewable Energy, potentially Opening Up the Doors to Tariff-Exampt Trade leaders. India Spends about 0.7% of its GDP in Research and Development Compared to 2 to 3% in Advanced Nations. This is now increasing. The Startup India Mission with Over 1.6 Lakh Startups Needs to be scled up. The National Quantum Mission, with a $ 1 billion outlay, will develop indigenous capability and reduce import relationship.

India is already a global it services powerhouse and diversification of expenses by expanding cloud services, cybersecurity, artificial intelligence, artificial intelligence, biaotechnology, quotestumcomcomm will help as these are sectors where tariffs are lies likely to apply. By strengthening the intellectual property regime, India will be able to negotiate better terms in trade talks. By Becoming a Preferred Alternative Manufacturing Hub, India Can Bot Absorb Supply Chains and Build Resilience Against Us Tariffs.

Building Supply Chain Resilience

Supply Chain Diversification is Imperative to Stymie Trump’s Policies and India must Enhance Its Production-Linked Inspector Scheme to Lure Global FIRMS. Accelerating domestic production is most essential. Investments in Infrastructure and Reducing Logistics costs can make our expenses cost-competivity globally. India’s Logistics Costs Nearly 14% of the GDP as Compared to 8 to 9% in Developed Countries. So we need to invest in faster cargo and port clearance and efficient warehousing and supply chains.

Next-Gen GST and Tax Reforms

The modi government has announced the “next generation gst reforms” which would subStantily reduce the tax burden account the country. The GST council will also also consider proposals for further ease of compliance using technology and faster refunds to expenses. Moving to a Two-Rate GST Structure will catapult India at par with advanced economies.

Compliances for msmes, which form the backbone of India’s expenses, are also being simplified and will strengthen the nation’s manufacturing capability and make us more Self-Realities. Easing Regulations would attract companies relacating from China. Tourism, Being Tariff Proof, Must Be Propelled and, Considering India’s Several Beautiful Beautiful Locations, this is the right time.

Other Structural Reforms, Eliminating Redtapism and Enforcing Strategic Disinvestment and Asset Monetization to Execute the Modi government’s policy of “minimum government maximum government maximum government maximum government For free enterprise. As mentioned above, India today is one of the world’s fastest growing economies with a 6.3% growth and pacing to be a $ 5.5 trillion economy by 2028. Ease of Doing Business, Infrastructural Growth, Enforcing a Tech-Driven Digital India, Serving the Poor with Several Schemes and with the Larget Food Security Programme in the World and Nari Shakti. 80% of stand up India loans and 68% of mudra loans have gone to women entrepreneurs. We are aiming at one nation, one tax and one market; We are a global e-poser and economic growth engine and have ensured a faceless tax system for a more accountable economy.

India Today is a new India – Strong, Secure and Invincible, as ably Proved after we have pulverized Pakistan. All this is due to our policy of “Sabka Saath, Sabka Vikas, Sabka Vishwas and Sabka Prayas. And it is this” Nation first “commitment of a determined government, which is dedicated to the welfare of its Which will make us successed- always and every time.

The author is a former Chairman, Haryana Public Service Commission and Chairman, Haryana Electricity Regulatory Commission. Views Expressed Are Personal