India: Airplane and drone manufacturing in india

India in search of Opportunities: 

World's second largest economy with rising aspiration of young mind for the job. Creating jobs is requires all out efforts to take the challenges of the lacking infrastructure in the country and competition from the already established firms from the developed countries.

Objective: To develop airplane manufacturing industry (Increase employment) and save the precious foreign exchange. 

Proposal: To develop the airplane and drone industry to save 10 Lakhs crore on the imports and encourage domestic industry to manufacture industry. 

Economic lens: Investment in infrastructure will create environment of airplane and drone industry ($ 1 trillion) and billion of dollar for demand for airplane in coming 30 years (6000). Right set of this supply side policy will lead to rise in the production capacity in the coming year (Right shift in long run), Right shift in AD in Short run and Right shift in the LRAS. 

News :- Hindu road map for manufacture of commercial planes soon

Question: Evaluate the view that the investment in airplane and related industry will lead to a rise in real GDP. 

How Effective is Fiscal Policy ?

Fiscal policy is the most important tool in the hands of the government which can enhance the aggregate demand in the economy and hence presents a solution to the looming recession (depression). Keynesian school of economic thought has played an interesting role in encouraging the ruling leader of the country to save the economy through a combination of rising public expenditure and reduced tax collection plans which work with the help of Keynesian Multiplier K = I / 1 - MPC.
Some of real world scenarios are shared below to present details of fiscal stimulus package to stimulate the economic growth to stabilize the economy.

1) USA: 2009 Fiscal stimulus Package

2) UK 2009 Fiscal stimulus

3) China 2009 Fiscal stimulus package.