Aam Aadmi Get together Spokesperson, Priyanka Kakkar, on Tuesday, raised questions over the credibility of financial reform claims made by Prime Minister Narendra Modi and Finance Minister Nirmala Sitharaman. Addressing the media, the spokesperson held the Narendra Modi authorities chargeable for the autumn of the manufacturing sector within the nation.
She claimed that the Make In India scheme launched by the Modi authorities in 2014 had two targets, particularly the manufacturing sector to contribute 25 per cent to the GDP by 2022, and to generate 10 crore manufacturing jobs by that point. Nonetheless, she added, “The manufacturing sector contributed 17 per cent to the GDP in 2014, nevertheless, it declined to 13.6 per cent in 2019, earlier than the COVID pandemic.” She claimed that this contribution additional fell to 13.32 per cent in 2022.
‼️ भारत के Manufacturing Sector को 1970 के स्तर पर ला खड़ा किया Modi जी ने (World Financial institution)‼️#MakeInIndia के दो Purpose थे:
👉🏽10 करोड़ Manufacturing Jobs
👉🏽 Manufacturing को GDP में 25% हिस्सा बनानाManufacturing में भारत साल दर साल गिरता जा रहा है। GDP में Manufacturing 2014 में 17%… pic.twitter.com/2A0m8jfR0m
— AAP (@AamAadmiParty) January 2, 2024
The politician said, “In our nation, manufacturing is in plenty of hassle as it’s repeatedly declining,” citing her claims on the info shared by the World Financial institution. When the PM was questioned in regards to the manufacturing figures in 2018, he had replied that ‘Frying pakodas (fritters) can be employment, which isn’t included in these figures’, Kakkar claimed.
“Overlook producing 10 crore manufacturing job alternatives, the nation at this time goes by means of the worst ranges of unemployment seen within the final 5 a long time,” Kakkar stated.
In 2020, the Modi authorities additionally launched the ‘Efficiency Linked Incentive Scheme’, which claimed that home producers within the nation would profit from subsidies from the federal government, the AAP consultant famous. “This was a lie, as a result of in line with WTO guidelines, PLI can’t be given in India based mostly on manufacturing, however solely on meeting…Their PLI scheme additionally failed badly,” she stated.
Additional, Kakkar stated that in 2022, FinMin Nirmala Sitharaman said that the federal government supplied PLI to the producers. The AAP spokesperson claimed that this was a lie due to the WTO guidelines, which permit for PLI to be disbursed solely on assembling, quite than manufacturing.
Kakkar added that in contrast to the declare made by Sitharaman that overseas direct funding (FDI) has been persistently rising within the nation, from 2004 to 2014, FDI stood at 2.4 per cent, whereas at this time it stands at 1.7 per cent.
Whereas Kakkar admitted that Sitharaman’s claims about decreasing the company tax have been true, it, nevertheless, applies solely to 0.001 per cent of the businessmen within the nation, she said. “AAP desires to inform them to firstly cease mendacity and discuss in regards to the resolution,” she stated.
“MSMEs are thought of the spine of the manufacturing trade within the nation. Nonetheless, the BJP authorities has often ignored the MSMEs. They dirty the setting a lot that at this time, businessmen are afraid of using any Muslim or Dalit people. Within the final 10 years, 16 lakh Indians have left their citizenship and escaped from the nation. 23,000 high-net-worth people have closed their companies and left the nation. MSMEs are dying, which may be very harmful for the nation,” Kakkar claimed.
July 2023 की रिपोर्ट के अनुसार-
अगर MSME में 100 Worker हैं तो उन्हें 500-600 Authorized Compliance करने होंगे
देश में ऐसे 26,134 Clause हैं जो Non Compliance की वजह से एक बिजनेसमैन को Jail में डाल सकते हैं
फिर यह PMLA में संशोधन करके एक व्यापारी को बिना proof के जेल में डाल… pic.twitter.com/VRgYPrxLRf
— AAP (@AamAadmiParty) January 2, 2024
Additional, she famous that the tax regime for the MSMEs has been made so difficult that they’re both shutting their companies or downscaling them.
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