State of economy (21st century)

--More people moving out of agricultural sector in to various sectors like Industrial,Manufacturing,Construction and service sector.
In last 7 years 36 million people have left agricultural sector not because of distress but also as a matter of choice.

--There has been a remarkable difference between the consumption patterns of rich and poor.The product rural people consume like--Textiles,Mobiles,Shoes etc.. are good for economy as they result in employment generation bcoz these market sectors are labor intensive.

--For this structural shift to continue important thing required is that the manufacturing sector needs to create Jobs as much as15 million jobs per year is required.
Therefore Policy changes are required.
1-Import Substitution(Sab import karane ke bajay ghar me hi produce karein ;-P--as this will create jobs)
2-Labor intensive sectors rather than capital intensive.

--SMEs have to be given continued subsidy even after they upgrade as they get demotivated after upgradation from medium scale to large scale,when govt. drops all the subsidies and benefits given.

--Manufacturing policy is very imp if the agricultural to industrial shift is to be continued.In this lieu National Manufacturing Policy is of immense importance.