Emphasizing the concept of Economic nationalism as a facet of Swadeshi and a reflection of being vocal for local, Dhankhar highlighted the negative impact of unnecessary imports on the economy, including the drain of foreign exchange and the loss of job opportunities for Indian workers.
“Our reliance on imported items like carpets, garments, and toys is not only sending our foreign exchange abroad but also impeding the growth of domestic entrepreneurship,” Dhankhar stated. He appealed to the industry to resolve this issue by supporting local production, which would, in turn, provide work for Indian workers and foster entrepreneurship.
Expressing concern over the export of raw materials, such as iron ore, without value addition, Dhankhar stated that this practice not only diminishes employment potential but also weakens the nation’s economic framework. “It is painful to see our iron ore leaving the ports without added value. As a nation, we cannot afford to prioritize easy and quick money over long-term national interests.”
