Why in the news?
- Prime Minister Shri Narendra Modi pitches Vocal for Local as a path to Viksit Bharat.
Vocal for Local Initiative
- What is it?: It is an initiative to promote local products, artisans, and MSMEs by encouraging citizens to buy and support indigenous goods and services.
- Launch: Launched by Prime Minister in 2020 during the call for Atmanirbhar Bharat Abhiyan.
- Objectives:
- Self-Reliance: Reduce dependence on imports, strengthen domestic industries.
- Employment Generation: Boost local manufacturing, crafts, and entrepreneurship.
- Cultural Promotion: Encourage use of traditional, GI-tagged, and indigenous products.
- Export Potential: Build globally competitive local brands.
- Key Features:
- Encouragement to buy Swadeshi products and adopt “Made in India” brands.
- Integration with Atmanirbhar Bharat, Make in India, and Startup India initiatives.
- Support for MSMEs, handicrafts, Khadi, and rural industries.
- Campaigns through Digital India platforms, e-commerce, and branding.
- Significance
- Strengthens domestic value chains and resilient supply chains.
- Enhances inclusive growth by empowering small producers and artisans.
- Reduces import dependency, supporting balance of trade.
- Builds national pride and global recognition of Indian products.
- Challenges
- Quality standardisation and global competitiveness.
- Need for robust marketing and logistics support.
- Risk of protectionism if not aligned with global trade norms.