Wednesday 7 December 2022
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EconomyWhy Modi chose Badrinath to pitch 'vocal for local'

Why Modi chose Badrinath to pitch ‘vocal for local’

Prime Minister Narendra Modi today appealed to people, particularly tourists, to spend money on purchasing locally made products. He pitched for indigenous products during his visit to Badrinath in Uttarakhand as part of the 'vocal for local' initiative. "I appeal to all tourists in the country to spend at least 5% of their travel budget on buying local products," Prime Minister Modi said at a public event held at Badrinath's Mana.

Time and again harping on his slogan 'Atmanirbhar Bharat', the prime minister has appealed to fellow Indians on various occasions to purchase indigenous products to sustain the local economy, but this venue for the pitch stands out.

Why PM Modi chose Badrinath to pitch for Atmanirbhar Bharat 

Mana in Badrinath is the last village bordering China, the country whose inferior but cheap products have flooded the Indian market since the late 1990s when, following the policy of the then-general secretary of the CPC Deng Xiaoping, the country embarked on an economic path of making Chinese goods attractive (more on this in the end).

Referring to villages situated near international borders and far-flung areas, the prime minister said every village located in the border areas would be considered the first village of India.

On the occasion, Prime Minister Modi laid the foundation stone for road widening projects worth around Rs 1,000 crore.

According to the Prime Minister's Office, the two road widening projects — from Mana to Mana Pass (NH07) and from Joshimath to Malari (NH107B) — shall be another step towards providing last-mile all-weather road connectivity to our border areas. Apart from boosting connectivity, these projects will also prove beneficial from a strategic point of view as well.

Prime Minister Modi reviewed the progress of development work of the riverfront in Badrinath today.

Earlier in the day, the prime minister offered prayers at Badrinath and Kedarnath.

In Kedarnath, he laid the foundation stone for a ropeway project, which will be around 9.7 km long and will connect Gaurikund to Kedarnath, reducing the travel time between the two places from 6-7 h at present to only about 30 min.

The ropeway is estimated to cost Rs 2,430 crore.

How manages to keep its manufactured goods cheap

China, the goods from which beat the competition in all international markets, manages to make its products cheap by flouting any international law — if needed — other than taking measures any country is entitled to do, like 0% VAT on exported goods, reliance on networks of suppliers, component manufacturers, distributors, government agencies, and customers who are all involved in the process of production through competition and cooperation, artificially depressing the value of the yuan.

The Modi government has been trying to compete with by developing the country's business infrastructure, with incentives to micro, small and medium enterprises, the lowest corporate taxes among all Asean countries, etc. Of course, it cannot flout international labour and finance laws, and cannot keep the value of the Indian rupee artificial, emulating the China model.  

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