Atmanirbhar Bharath: Tailwinds, Headwinds & Self-Reliant India
Keywords:
Gross Domestic Product, Agriculture, Allied SectorsAbstract
The Prime Minister of India, Mr. Narendra Modi, announced on May 12th, 2020, a special economic package worth of Rs 20 lakh crore which is tantamount to 10% of India’s Gross Domestic Product with the aim of making India self-reliant against the tough competition in the International supply chain faced by MSMEs, Agriculture and Allied Sectors, Energy, Civil Aviation, Housing and Social Sector and to help in empowering the poor, labourers and migrants, who were adversely hit by COVID-19. It also outlined the measures taken by RBI to recoup the Indian Economy. This article summarises the key measures proposed under the special economic package.
References
Presentation made by Union Finance & Corporate Affairs Minister Smt. Nirmala Sitharaman under Aatmanirbhar Bharat Abhiyaan to support Indian economy in fight against COVID-19, Ministry of Finance, May 13, 2020.
https://static.pib.gov.in/WriteReadData/userfiles/Aatmanirbhar%20Presentation%20Part-
%20Business%20including%20MSMEs%2013-5-2020.pdf.
Presentation of details of Tranche 2 by Union Finance & Corporate Affairs Minister Smt. Nirmala Sitharaman under Aatmanirbhar Bharat Abhiyaan to support Indian economy in fight against COVID-19, Ministry of Finance, May 14, 2020. https://static.pib.gov.in/WriteReadData/userfiles/Aatma%20Nirbhar%20Bharat%20presentation%20Part-2%2014-5-2020.pdf.
Press Information Bureau, Government of India, Prime Minister's Office
Presentation of details of 3rd Tranche by Union Finance & Corporate Affairs Minister Smt. Nirmala Sitharaman under Aatmanirbhar Bharat Abhiyaan to support Indian economy in fight against COVID-19, May 15, 2020. https://static.pib.gov.in/WriteReadData/userfiles/Aatma%20Nirbhar%20Bharat%20Presentation%20Part-3%20Agriculture%2015-5-2020%20revised.pdf.
Presentation of details of 4th Tranche announced by Union Finance & Corporate Affairs Minister Smt. Nirmala Sitharaman under Aatmanirbhar Bharat Abhiyaan to support Indian economy in fight against COVID-19, May 16, 2020.
Presentation of details of 5th Tranche announced by Union Finance & Corporate Affairs Minister Smt. Nirmala Sitharaman under Aatmanirbhar Bharat Abhiyaan to support Indian economy in fight against COVID-19, May 17, 2020.
https://covid19.india.gov.in/document-category/ministry-of-finance/
https://www.civilsdaily.com/story/coronavirus-economic-issues/
