VOCAL FOR LOCAL GROWTH OF DOMESTIC SUPPLY CHAIN

ABSTRACT

One of the positive fallouts of the Covid crisis seems to be the policy initiatives of GOI in line with PM's clarion call for Vocal for Local targeted to expand the efficiency and competitive edge of the indigenous industries. Basically it may be in line with the Swaraj calls during the pre-independence India or the earlier steps like Make in India but there were obvious risk minimization steps necessitated by the dislocation of the international supply chain as a result of the world wide shut down due to covid impacts. Many segments of the economy have already started benefitting from the policy and it seems to be on a firm course for greater good for the overall economy.