SAVE SELF-EMPLOYED SHOULD BE THE ‘MANTRA’ FOR THE BUDGET 2020-21 (2)

This entry was posted on Sunday, January 12th, 2020 and is filed under Cashew.

If 45% of the GDP of a nation is from the production sector i.e from agriculture, industry, mining, construction etc, can it bear the weight of the service sector which is 55% of the GDP?

It is certainly possible if that nation gets the required income from foreign assets or through foreign investments. But such income comes nowhere near the major or additional problems of India, like repayment of the loan and the ‘interest burden’.

Therefore, India can develop only through agriculture, industrial production and foreign remittances. UNNECESSARY IMPORTS IN THE AGRICULTURE AND MANUFACTURING SECTOR WILL ONLY REDUCE PROFITABiLITY AND BUYING POWER OF ALL THESE AND ALSO THE DEPEPENDANT SECTORS.

IMPORT DESTROYS JOB CREATIONS, PRODUCTION CREATES JOB OPPORTUNITIES!

Filed Under: Cashew