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  • Fri. Sep 20th, 2024

‘Plug and play’ is PM Modi’s mantra for industries

‘Plug and play’ is PM Modi’s mantra for industries

NEW DELHI: Prime Minister Narendra Modi on Thursday called for a change in economic thinking — from command and control to plug-and-play — while urging the private sector to participate in the Atmanirbhar Bharat Abhiyan and turn the Covid-19 crisis into an opportunity.

“It is time for bold decisions and bold investments, and not for conservative approaches. This also is the time to move from command and control economy to plug-and-play and to build a competitive global supply chain,” the PM said in his address to members of the Indian Chamber of Commerce.

The government has launched a campaign for self-reliance and is pushing import substitution and domestic production in several crucial sectors, such as electronics and pharmaceuticals, and

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