Rashtriya Swayamsevak Sangh chief Mohan Bhagwat on Sunday warned against economic dependence on China and said that if the trend continues, India will have to bow before the neighbour.
Elaborating on the importance of economic security, he opined that though international trade is crucial, India should do the same at its own terms.
Speaking at a flag hoisting event in a school in Mumbai, the right-wing radical emphasised that RSS does not believe in complete nationalisation and understands that industries are important and as such should function together with the country as a family unit.
Batting for swa-nirbhar or economic self reliance, the RSS chief said that the country should focus on decentralised production of goods aimed at quality which would also help generate employment; and revenue generated should be distributed equitably.
Bhagwat said that the Centre should encourage industries to make products that would aide development. He added that the government should act as a regulator and not do the business itself.