Make in India is a distant dream for PM Modi

The Modi govt. is likely to complete a year of their governance, within this month, but the aspirations, which was extensively articulated by the PM Modi, during the time of last Parliamentary election, is gradually falling flat among the unemployed youths, farmers, and the domestic as well of the foreign investor.

During the last election, people at large, may have thought that Mr. Modi is going to build a heaven in the country and have believed on a person, who had run the Gujarat state, under the gimmick of Gujarat Model.

It is really shocking to observe that the Capitalist group and the foreign investors, who were too enthusiastic for Mr. Modi, before the Parliamentary election, are losing all hopes and also scared that nothing concrete change have happened, during one year of time.

Though, PM Modi’s sympathizer Mr. Ratan Tata has come for the rescue of Mr. Modi , by making fervent appeal to capitalist to keep some patience, on Mr. Modi, which was obvious due to the reason that Mr. Modi have facilitated Mr. Tata for providing land and as well as huge money, as a loan, from the state’s coffer, at minimum interest rate for his dream project Nano, which was earlier being driven out from the Singoor and Nandigram of West Bengal, due to unrest of the farmers. If sources are to be believed, the said Nano Company is in the verge of collapse.

In the mean time, the Chairman of the HDFC, Mr. Deepak Parekh have also expressed his displeasure on the issue of confusion in prime decision making process of the Modi government.  Whereas, the international investor’s  group official of the US, Mr. Jim Rozers have stated, recently, that Mr. Modi only talk and do not work, such feeling was echoed from the House of F.I.I, who have decreased the expected investment in India and out of this effect, the Share Market’s sensex is not jumping  to a new height.

As far as the Industrial investment is concerned, the end results are not impressive, because the production is much higher than its demand. The Industry is just working at a capacity of 65% and there is no fresh demand in the group of consumer and a dip is being observed in the Import of the end product.

Keeping in view of the above fact, apart from the other failures, the Make in India will be remain, as a Head Line sloganeering for Mr. Modi and without correcting the basic anomalies and other ground realities, nothing better could happen.

It was being well said by the BJP leader, Mr. Arun Shouri, while pointing toward various failures of the Modi govt., that the Teen Moorti, i.e Mr. Narenda Modi, Mr. Arun Jaitely and Amit Shah, who are leading the party and govt., at their whims.

Reference:  Aamar Ujala, a Hindi dalies.