Maximize FDI without worrying about the colour of money but act to minimize security threats too
We must invest heavily in R&D, even ‘reinvent the wheel’ if necessary, to master crucial production processes and technologies, even if these are available cheaper from abroad. We need a programme set up to identify key areas of national security concern, equipment deployed in them, their components and their potential vulnerability, even as we liberalize FDI rules for an export thrust.
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