He further mentioned that a virus has destroyed the world. Crores of people around the world are facing a crisis. World all over is engaged in a battle to save precious lives. This crisis is unthinkable as well as unprecedented for mankind. He directed to remain vigilant, closely monitor, follow the rules of engagement in such a war, save ourselves and move ahead.
Atma Nirbhar Bharat Abhiyan
He informed that this state of the world today teaches us that a (Atmanirbhar Bharat) “Self – reliant India” is the only path to overcome this pandemic and succeed in our future. In order to fulfil the dream of making the 21st century India’s attainable century, the way forward is through ensuring that the country becomes self -reliant. This vision of India – turning crisis into opportunity – is going to prove equally effective for our resolve of self -reliant India as the production of PPE kits, N -95 masks in India has gone up from almost being negligible to 2 lakh each, on a daily basis. Prime Minister remarked that the definition of self -reliance has undergone a change in the globalized world and clarified that when the country talks about self -reliance, it is different from being self-centred. He said that India’s culture considers the world as one family, and progress in India is part of, and also contributes to, progress in the whole world.
Key Highlights on Self-Reliant India Mission
The Self-Reliant India Mission aims towards cutting down import dependence by focusing on substitution while improving safety compliance and quality goods to gain global market share.
Self-Reliance neither signifies any exclusionary or isolationist strategies but involves the creation of a helping hand to the whole world.
The Mission focuses on the importance of promoting “local” products. The Mission will be carried out in two phases:
Phase 1: It will consider sectors like medical textiles, electronics, plastics and toys where local manufacturing and exports can be promoted.Phase 2: It will consider products like gems and jewelry, pharma and steel, etc.
The magnificent building of self -reliant India will stand on five Pillars, namely
Economy – which brings in quantum jump and not incremental change.Infrastructure – which become the identity of IndiaSystem – based on 21st century technology-driven arrangementsVibrant Demography- which is our strength and source of energy for a selfreliant India Demand- whereby the strength of our demand and supply chain should be utilized to full capacity
The Mission is also expected to complement the ‘Make in India Initiative’ which intends to encourage manufacturing in India.
Atmanirbhar Bharat and Economic Stimulus
Prime Minister announced the ‘Atmanirbhar Bharat Abhiyan (or Self-reliant India Mission)’ with an economic stimulus package worth Rs 20 lakh crores aimed towards achieving the mission. This package will give a new impetus to the development journey of the country in 2020 and a new direction to the Self-reliant India campaign.
The announced economic package is 10% of India’s Gross Domestic Product (GDP) in 2019-20.The amount includes packages already announced at the beginning of the lockdown incorporating measures from the RBI and the payouts under the Pradhan Mantri Garib Kalyan Yojana.The package focuses on land, labour, liquidity and laws.
Smt. Nirmala Sitharaman, Hon’ble Finance Minister of India announced this Special economic and comprehensive package of Rs 20 lakh crore in five tranches as under:
Tranche 1 – relief and credit support related to businesses, especially the MSMEs to support Indian Economy to fight against COVID-19.Tranche 2 – short term and long-term measures for supporting the poor, including migrants, farmers, tiny businesses and street vendors.Tranche 3 – measures to strengthen Agriculture Infrastructure Logistics, Capacity Building, Governance and Administrative Reforms for Agriculture, Fisheries and Food Processing Sectors.Tranche 4 – structural reforms across Eight Sectors i.e. Coal, Mineral, Defence, Civil Aviation, Power, Social, Space and Energy Sectors paving way for Aatma Nirbhar Bharat.Tranche 5 – measures towards Government Reforms and Enablers in seven measures such as providing employment, support to businesses, Ease of Doing Business, and State Governments as well sectors such as Education and Health.
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