Union Home Minister Amit Shah on Thursday said the Centre’s Make in India 2.0 initiative will be directed at emerging sectors expected to dominate the global economy in the next 25 years.
Speaking at the Financial Express Best Banks Awards event in Mumbai, Shah said India’s growth story is now being acknowledged by global economy analysts.
Shah underlined the reforms introduced in India’s banking sector under Prime Minister Narendra Modi’s leadership. “Prime Minister Narendra Modi began reforms in the banking sector, which was plagued by corruption and lack of transparency. A total of 53 crore bank accounts have been opened in the last 10 years to give the poorest of the poor access to banking,” he said.
He noted that the government has also infused ₹3.10 lakh crore of capital into the banking sector while ensuring transparency in data related to Non-Performing Assets (NPAs).
‘Make in India 2.0 to drive future growth’
Highlighting the future roadmap, Shah added, “Make in India 2.0 will focus on emerging sectors that will be a big part of the global economy in the next 25 years.”
The initiative is positioned as a continuation of the government’s push to strengthen India’s manufacturing sector while aligning with the evolving demands of the global economy.