PM Announces 20 Lakh Crore Economic Package for Atmanirbhar Bharat AbhiyanPM Announces 20 Lakh Crore Economic Package for Atmanirbhar Bharat Abhiyan

Prime Minister Narendra Modi addressed the nation on 12 May at 8PM and the focus of the speech was on “Aatma nirbhar bharat” a self dependent nation. PM Modi said India produces more than 2 lakh N95 masks each day, India has transformed the emergency to a possible opportunity this is a big example of self sufficient India. India belives in “vasudhaiva kutumbakam” world is one family. India’s progress has always included the world’s progress at large.

PM mentioned that we are pround Indian and the nation has brought the International Solar Alliance, International Yoga Diwas, India’s progress in the medicinal world all for the progress of everyone. We 130 crore Indians have taken the pledge to be “aatma nirbhar” or self sufficient for the nation’s and world’s progress.

Prime Minister also gave refernce to the disastrous earthquake in Gujrat that wreaked havoc in Kutch but still we Indians got up and worked towards progress. India’s determination has made it self depended and self sufficient

About – Pillars of “Atmanirbhar Bharat”

  1. Economy- quantum jump not incremental change
  2. Infrastructure- for modren india
  3. System- technology driven for 21st century
  4. Demography- vibrant demography as world’s largest democracy
  5. Demand- optimise demand and supply chain in the economy

The package is 10% of India’s GDP and is of 20 Lakh Crore to make India self sufficient. The package focuses on Land Labour Liquidity and Laws. PM has announced that the Finance Minister will give elaborate details about this new ecomic package with bold reforms from tomorrow, 13 May onwards.

About – Local to Global Produce

Coronavirus outbreak has brought the highlight on local supply change and India’s has been able to sustain the pandemic due to this local supply chain and its time for all Indians to strengthen our local produce and boost it for the betterment of the nation. Every Indian should become vocal for all local produce- not just consume local products but also promote them and we too can bring our local produce in global industry.

Scientists and Experts have said that coronavirus pandemic is going to stay a threat for a while but we cannot let the economy down.

About Lockdown 4.0

PM has said that the information about lockdown 4.0. will be given before 18th May and it will come with a whole new set of rules.