Can Trump 2.0's H1B visa restriction be a boost to Modi 3.0's Atmanirbhar Bharat? What SBI report says
Monday, 11 November 2024 An SBI report suggests that potential H1B visa restrictions under a second Trump administration could benefit India's Atmanirbhar Bharat initiative. While acknowledging the challenges posed to Indian IT companies in the US, the report highlights the opportunity for India to bolster domestic manufacturing and attract inward investment.
In a monumental achievement for India's grassroots economy, the Khadi and Village Industries Commission (KVIC) has crossed an all-time high turnover of ₹1.7 lakh crore for the financial year 2024-25. This historic milestone reflects a 447% growth in sales and a 347% increase in production over the past 11 years, highlighting KVIC’s impact on the nation's development. Chairman Shri Manoj Kumar attributes this success to the leadership of Prime Minister Narendra Modi and the guidance of the Ministry of MSME. KVIC has also generated jobs for over 1.94 crore people, many in rural areas, empowering India's Atmanirbhar Bharat mission. The remarkable growth in Khadi clothing sales, which surged by 561%, and the record business at Khadi Gramodyog Bhawan, underline the significance of this achievement in India's economic transformation.
Watch the full video for insights on KVIC’s historic journey and its contribution to making India self-reliant.
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