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What does Modi mean by self-reliance?
Modi's concept of self-reliance focuses on reducing dependence on foreign imports, strengthening domestic industries, and achieving strategic independence. It involves boosting local manufacturing, technology, and defense capabilities to make India more resilient in a challenging global environment.
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How is India boosting its military and economy?
India is investing heavily in modernizing its military and promoting economic reforms. Efforts include expanding defense manufacturing, encouraging domestic innovation, and implementing policies like GST to streamline the economy. These moves aim to make India more self-sufficient and competitive globally.
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What are US-India trade tensions about?
Trade tensions between the US and India stem from tariffs, trade barriers, and disagreements over imports like Russian oil. The US has imposed tariffs on Indian exports, and both countries are navigating complex geopolitical issues that impact trade relations and economic cooperation.
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Why is energy independence important for India?
Energy independence allows India to reduce reliance on foreign oil, especially amid global conflicts and sanctions. It enhances national security, stabilizes the economy, and supports sustainable growth by investing in renewable energy and domestic energy sources.
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What are India's main strategies for achieving self-reliance?
India's strategies include promoting 'Make in India' initiatives, investing in technology and innovation, strengthening defense manufacturing, and pursuing energy independence through renewable sources. These efforts aim to build a resilient economy capable of withstanding external shocks.
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How does Modi's focus on self-reliance impact India's global relations?
Modi's emphasis on strategic autonomy aims to position India as a major global player that can operate independently of external pressures. While fostering self-reliance, India also seeks balanced international relations, engaging with allies and managing regional security concerns.