Key messages on economy from external affairs minister

It is remarkable that the Minister of External Affairs has so clearly articulated the government's thinking on economic affairs

On Friday, this newspaper carried a report (‘India’s growth cannot be built on Chinese efficiency, says Jaishankar’) about a speech by the Minister of External Affairs. In that speech, the minister sent some important messages about the government’s thinking on several critical issues. 

The first message was that the government will support manufacturing. Second, the government will continue to pursue its protectionist policies.  Third, the government will help create a domestic value chain. Fourth, the government seeks to energise the economy and motivate the businesses to believe that it is possible to manufacture in the country through the production-linked incentive (PLI)