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The Economic Times
The Economic Times
Politics

'Make in India' belied expectations; pvt investment boom didn't happen, job growth missing: Congress

India Jairam Ramesh

New Delhi: The Congress on Friday claimed that the Modi government's 'Make in India' initiative has "significantly belied" hopes and expectations, with the private investment boom not happening and broad-based job growth missing.

Congress general secretary in-charge communications Jairam Ramesh shared a thread on X which claimed that both the Gross Value Added as well as the Index of Industrial Production -- old and new series -- show that growth in the manufacturing sector has more often than not been slower than the overall growth in the last 12 years and so, any extra 'Make in India' bump isn't yet visible.

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