The Economic Survey 2019-20 has proposed India can create well-paid four crore jobs by 2025 and eight crore by 2030 by integrating “assemble in India for the world” into government’s Make in India initiative and exporting network products that can give substantial push to India’s target of becoming a $5 trillion economy.
“India has unprecedented opportunity to chart a China-like, labour-intensive, export trajectory,” the Survey, tabled in Parliament on Friday, said.
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According to the Survey, this can be done by integrating “assemble in India for the world” into Make in India, specialization at large scale in labour-intensive sectors, laser-like focus on enabling assembling operations at mammoth scale in network products and exporting primarily to markets in rich countries.
Source: Economic Times
