Govt should explore domestic market to cater rural India

JNU professor Chandrasekhar felt that government should explore the domestic market and ensure that the products are catered to the needs of rural India
Govt should explore domestic market to cater rural India

On the ocassion of a seminar on the ‘Role of Industrialisation in Navyandhra Pradesh’ at the Andhra University Platinum Jubilee Hall, professor CP Chandrasekhar from Jawaharlal Nehru University said that the government should explore the domestic market and ensure that the products are catered to the needs of rural India.

Seminar was conducted as the part of the preparatory events for the 21st Party Congress of CPM. He suggested that the concept of ‘Make in India’ could be a failure, for the plan was aimed to attract foreign investments, produce materials here and then export them. But, there was a need to concentrate on the domestic market to fulfill the objective.

Chandrasekhar added, “There are many rural areas where the fruits of industrialisation are yet to reach. For small countries like South Korea, it is possible to explore the local market and shine, but in case of big countries with huge population, it’s a tough task to succeed.”

He further pointed out that India should follow the footsteps of China, which succeeded in exploring the local market. There was also a need to implement some policies as regards investments in infrastructure, skill-development and disciplined labour force. In India, the labour laws were often being changed and it should not happen.

“Here, we get cheap labour and the workers are ready to toil under any working conditions, which is a major disadvantage. In case of China, disciplined labour laws are implemented and, the workers are given better wages and good treatment. Under these circumstances, skill development courses could be a solution to bring about disciplined labour laws. Meanwhile, there are many areas where there is no access to technology and the government should work on this,” he added.

Visakhapatnam Steel Plant (VSP) advisor (finance) DVS Krishna Prasad said that Visakhapatnam could be one of the major power cities in the coming years. The VSP aimed to produce 20 million tonnes in the future and had spent around Rs 13-14 crore, as a part of its CSR activities in and around the city.

BHEL general manager Phanidra Kumar said that though the truncated Andhra Pradesh lost many industries and other establishments set up in Hyderabad, post-bifurcation, it had an advantage with the long coastline. Environmental issues prevail in any area if a proposal was made to establish an industry or factory, but there should be a system, which accepts proposals that were designed using engineering solutions to not harm the environment, he opined.

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