An overview of Atmanirbhar Bharat Abhiyan economic package

 

Prime Minister Narendra Modi announced a special economic and comprehensive package of Rs 20 lakh crore -- equivalent to 10 percent of India’s GDP on 12 May 2020 under the Atmanirbhar Bharat Abhiyan. 

 

The package will provide a much-needed boost towards achieving Atmanirbhar Bharat (self-reliant India). The five pillars of Aatmanirbhar Bharat are-- Economy, Infrastructure, System, Vibrant Demography and Demand. The package will also focus on land, labour, liquidity and laws. It will cater to various sections including cottage industry, MSMEs, labourers, middle class, industries, among others. The package will not only increase efficiency in various sectors but also ensure quality.