Overseas Friends of India Annual Day Public Meet 23 December 2016 Thursday Time: 4Pm
Venue: Recreation Hall at Asian Town Cricket Stadium
The Make in India initiative was launched by Prime Minister in September 2014 as part of a wider set of nation-building initiatives. Devised to transform India into a global design and manufacturing hub, Make in India was a timely response to a critical situation: by 2013, the much-hyped emerging markets bubble had burst, and India’s growth rate had fallen to its lowest level in a decade. The promise of the BRICS Nations (Brazil, Russia, India, China and South Africa) had faded, and India was tagged as one of the so-called ‘Fragile Five’. Global investors debated whether the world’s largest democracy was a risk or an opportunity. India’s 1.2 billion citizens questioned whether India was too big to succeed or too big to fail. India was on the brink of severe economic failure.
Bollywood actor Aamir Khan has said demonetisation is a good move by the government to curb black money and hence all citizens should support the initiative taken by Prime Minister Narendra Modi.
He however was sad for the common man who has felt the pinch of the cash crunch the most. “I haven’t faced any problems due to demonetisation as I don’t have black money at all. I pay taxes. Those who have black money will face problems. I make use of card be it debit or credit card whenever we buy something,” Aamir said.