Skip to main content

Aatma Nirbhar Bharat Abhiyan: All you need to know about the package announced by Prime Minister Modi

Aatma Nirbhar Bharat Abhiyan: In his fifth address to India since the national lockdown, Prime Minister Modi announced a relief package of Rs 20 lakh crore to ease the coronavirus distress.

On Tuesday at 8 pm, Prime Minister Modi, in his fifth address to India since the national lockdown, has announced a financial package of Rs 20 lakh crore to ease the coronavirus distress. The package is announced under ‘Aatma Nirbhar Bharat Abhiyan’ to revive the Indian economy. 
Prime Minister in his address stated that this financial package will be 10% of India's GDP. He further stated that this package includes announcements made by the government on Covid-19, decisions of RBI and ‘Aatma Nirbhar Bharat Abhiyan’ package totalling to Rs 20 lakh Crore. 
‘Aatma Nirbhar Bharat Abhiyan’ package will help India in reviving the economy focus on land, labour, liquidity and laws and will benefit farmers, workers, taxpayers, MSMEs and cottage industry. The details of the package will be announced by the Finance Minister Nirmala Sitharaman starting today. 
The Prime Minister in his address stated, ' To achieve self-reliance, the economic package focuses on land, labour, liquidity and laws. The economic package will help cottage industries, home industry, small-scale industries, MSMEs, which are the means of livelihood for crores of people. This package is also for farmers, who toil in different weather conditions and for the middle class who pay their taxes on time.'
Prime Minister Modi further urged the citizens to buy and promote local products and brands. He stated that global brands were once local too but when people started supporting them, the brands became global. He laid stress on becoming vocal for the local. 
Prime Minister Modi did not mention the details on the next phase of the lockdown. However, he informed the citizens about the national lockdown 4 which will come into force with new rules and regulations based on inputs from various states and will be drafted before May 18, 2020. 
As per Prime Minister Modi, India’s self-reliance will be based on five pillars — economy, infrastructure, technology-driven system, vibrant demography and demand. When India says self-reliance, it does not advocate for a self-centred system but, there is a concern for the whole world’s happiness, cooperation and peace. 
Labels:

Comments

Post a Comment

Popular posts from this blog

GK Questions and Answers: Geographical Indications (GI) Tags in India

A geographical indication (GI) is a name or sign used on certain products like agriculture, machinery products, and sweets, etc. which relates to a specific geographical location or origin (e.g., region, or country or a town). We have published a set of 10 important GK questions and answers on the Geographical Indications (GI) Tags in India. This set of 10 important GK questions and answers on the Geographical Indications (GI) Tags in India is very important for exams like UPSC/PSC/SSC/CDS etc. 1. Which was the first Indian product to get the geographical indication tag? (a).Aranmula Kannadi (b).Darjeeling Tea (c).Katarni Rice (d).Madhubani Paintings Answer:- b Explanation:-  Darjeeling Tea was the first Indian product to get the geographical indication tag in 2004.  2. How many products got GI tags till now? (a) 361 (b) 729 (c) 624 (d) None of the above Answer:- a Explanation:-  Till date 361 products have been issued GI tag. The latest recipient of the GI ta...
Post a Comment
Read more

List of Top investors in Reliance Jio

Reliance Jio the digital platform has sold around 25% stake to different investors to get rid of the debt of the company by March 2021. Facebook is the biggest investor that has purchased a 10% stake in the Jio Platform. The Reliance Industries Limited (RIL) was established by Ambani’s father, Dhirubhai Ambani in Maharashtra on 8 May 1973. Now Mukesh Ambani is the chairman and managing director of Reliance Industries Limited.  Mukesh is Asia’s richest and world 7th richest man. The RIL has sold 25% of the Jio Platforms stake to become a debt-free company by March 2021. At a time the company had a debt of Rs. 2.17 lakh crore but now it is having a debt of Rs. 21,900 crore. It is expected that the Jio might sell its stake to more companies like Google and other global giants. As of now the Reliance Jio the telecom and digital arm of RIL has raised $15.2 billion in 13 deals over two months. The Analysts predict the Jio could debut at a valuation of $100 billion within ...
Post a Comment
Read more

List of 14 famous Indian personalities who have tested positive for Coronavirus

The global pandemic has now infected 18,03,696 people in India and has so far claimed 38,135 lives, as per Ministry of Health and Family Welfare. In this article, we have listed famous Indian personalities who have been diagnosed with the virus. Amid the surging COVID-19 cases in India with a single-day spike of 52,972 positive cases and 771 deaths in the last 24 hours, India's COVID-19 tally has reached to 18,03,696 with 5,79,357 active COVID-9 cases and 38,135 deaths as per Ministry of Health and Family Welfare (at the time of writing this article). The deadly virus has not spared anyone-- rich, poor, aged, young, male, female, etc. Here's a list of famous Indians who have been diagnosed with COVID-19. 1- Amit Shah:  On August 2, 2020, Union Home Minister of India, Amit Shah, took to Twitter to reveal that he has tested positive for COVID-19 and is admitted in a hospital in Delhi.  2- SS Rajamouli:  On July 29, 2020, notable Indian filmmaker and his family have tested p...
Post a Comment
Read more