Topic: Effects of liberalization on the economy, changes in industrial policy and their effects on industrial growth.
5.Can we integrate “Assemble in India for the world” into “Make in India” to achieve an unprecedented opportunity to chart a China-like, labour-intensive, export trajectory that was witnessed till recent times? Evaluate. (250 words)
Reference: Money Control
Why this question:
The question is based on the observations pointed out by this year’s economic survey.
Key demand of the question:
Explain the advantages and possibility of integrating “Assemble in India for the world” into “Make in India” to achieve an unprecedented opportunity to chart a China-like, labour-intensive, export trajectory that was witnessed till recent times.
Directive:
Evaluate – When you are asked to evaluate, you have to pass a sound judgement about the truth of the given statement in the question or the topic based on evidences. You have to appraise the worth of the statement in question. There is scope for forming a personal opinion here.
Structure of the answer:
Introduction:
On the much debated job creation issue, the Survey highlights that India can look at creating employment by emerging as a major hub for final assembly in a range of products.
Body:
To start with, explain that the Survey says India has unprecedented opportunity to chart a China-like, labour-intensive, export trajectory by integrating “Assemble in India for the world” into Make in India. Discuss the observations made by survey. Give your opinion about the way ahead.
Conclusion:
Conclude on a positive note and suggest at the potential that Indian markets have.
