PM Modi: Dependency Our Biggest Enemy, How Past Policies Hurt India’s Shipping Sector | India Today

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PM Modi: Dependency Our Biggest Enemy, How Past Policies Hurt India's Shipping Sector | India Today

In a major address, a speaker outlined a vision for a self-reliant India, highlighting new projects for port-led development, including an international cruise terminal in Mumbai and initiatives in Bhavnagar, Gujarat. The core message focused on overcoming economic dependency, which was termed the nation’s "biggest enemy." A significant portion of the speech was dedicated to critiquing the policies of past Congress governments, accusing them of stifling India’s potential through a "licence quota Raj." The speaker presented the shipping sector as a prime example, stating that India’s share in its own trade via Indian-built ships plummeted from around 40 percent to just five percent over 50 years due to a policy of renting foreign vessels instead of promoting domestic shipbuilding. The address served as a strong call to action for achieving ‘Aatmanirbhar Bharat’ to reclaim the nation’s economic strength.

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