On the 12th of May, 2020, Prime Minister Narendra Modi addressed the nation to talk about the situation surrounding the current pandemic of COVID-19. Aside from reassuring the nation that we will get out of this outbreak unscathed; PM Modi also gave the entire nation a ray of hope in the form of a relief package, the biggest that the country has ever seen.
The INR 20 Lac Crores worth of package is not only an assurance that the country will be back to being up and running like before, but it is also PM Modi’s way of saying that we need to gear up.
Strengthening his own Make in India program, the prime minister basically just gave the power back into the hands of the Indian innovators.
The question amidst all this is that who is going to benefit the most from it? While people are mainly guessing that the industrialists and manufacturers will be benefiting the most, others are also saying that the common man of the country will flourish.
However, the section of society that is going get a boost from this will be the engineers of India. This blog details how Make in India, in light of the current relief package, will create new opportunities for the engineers of India.
A Breakdown of the Relief Package
The package is especially important for local production as it is about increasing the line of credit for small and medium enterprises so they can increase their output and contribution to the Indian economy. With this, engineers have a two-fold opportunity to prove their worth and prepare for success in the future.
The Two-Fold Outlook for Engineers of India
- Demand For Qualified Engineers
The first opportunity is about the increase in the demand for qualified engineers in the country. More production means more equipment, which means more dedicated engineers required for maintenance and ensuring productivity. Which in turn means more vacancies generated within the country.
Not only that, increased production will also increase the need for quality control, optimization methods, and research & development of new, improved products. Alongside this, there will also be a need for qualified engineers in the sales process for products that are technologically advanced.
Long story short, funds being infused into strengthening the small and medium enterprise sector will open a line of job opportunities for engineers in the country.
- Entrepreneurs of Tomorrow
The other way of looking at this for the engineers will be to rise as entrepreneurs of tomorrow. With the backing of the Indian government, the entrepreneurs will get more power as the trust of the Indian demographic shifts from Global to Local.
Engineers have always been perceived as great entrepreneurs because of their education and experience. Empowered by the government of India, engineers will strive more to create their own brands instead of working for one.
The first installment of Make In India had already created great opportunities for national Engineers, but with the pandemic stopping almost every other economy in the world, this is the right time for empowering the concept of local production over global imports.
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