Asserting that India’s rise is unstoppable, Vice President of India and Chairman of Rajya Sabha Mr. Jagdeep Dhankhar stated that the country will become the third-largest economy in the world within 2 years. Speaking on the 10th National Handloom Day, he expressed confidence that the optimal promotion of handlooms is essential for the nation and the planet, especially considering climate change. The “Be Vocal for Local” initiative, championed by the Prime Minister, Mr Narendra Modi, emphasizes economic freedom, with handloom products being a crucial element, He said. Advocating for economic nationalism, he highlighted its importance to the country’s “spinal economic growth,” which will result in foreign exchange savings, employment generation, and boosted entrepreneurship. “I want everyone to respect national interest. Can we sacrifice economic nationalism merely for fiscal gain? No fiscal gain, irrespective of quantum, can justify engaging in avoidable imports,” he stated.
Noting that India is the world’s most populous country, he observed, “Today, no one can say we are a nation with potential as we are on the rise. The rise is unstoppable and incremental. I recall my first day in the Lok Sabha 34 years ago when our economy was smaller than cities like London and Paris. Today, we are the world’s fifth-largest economy. We will become the third-largest economy in the world in 2 years or even less.” He urged citizens to pledge and habitually buy handloom products like sarees, kurtas, and shawls, turning them into a fashion statement and a brand to drive higher sales.
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