In his address to the nation on 12th May 2020, Prime Minister Modi gave a clarion call for Atmanirbhar Bharat Abhiyaan (आत्मनिर्भर भारत अभियान) – or Self-Reliant India Movement.
To help mitigate ongoing Covid19 crisis and to provide much needed boost towards achieving ‘Atmanirbhar Bharat’ he announced a Special economic and comprehensive package of Rs 20 lakh crores – equivalent to 10% of India’s GDP.
He said that a self-reliant India will stand on five pillars viz.
- Economy, which brings in quantum jump and not incremental change;
- Infrastructure, which should become the identity of India;
- System, based on 21st century technology driven arrangements;
- Vibrant Demography, which is our source of energy for a self-reliant India; and
- Demand, whereby the strength of our demand and supply chain should be utilized to full capacity.
Main Components of Atmanirbhar Bharat Abhiyaan:
Consequently, Finance Minister Smt. Nirmala Sitaraman conducted a series of 5 press conferences and announced measures under the Atmanirbhar Bharat Abhiyaan (आत्मनिर्भर भारत अभियान). Measures announced in each of these presentations have been summarised as below posts:
| Date | Part | Focus Sectors & Posts |
| 13/05/2020 | Part I | MSME, EPF, Gareeb Kalyan, RERA, Credit |
| 14/05/2020 | Part II | Farmers, Migrants, Labours & their Credit Supply |
| 15/05/2020 | Part III | Agriculture & Allied Sectors |
| 16/05/2020 | Part IV | Coal, Minerals, Aviation, Defence, Space, Atomic Energy, Electricity Tariffs |
| 17/05/2020 | Part V | Ease of doing business, Health, Education, Support to State Governments |
Overall Stimulus provided by Atmanirbhar Bharat Package
| S. No | Item | Rs. Crores |
| 1 | Part I | 5,94,550 |
| 2 | Part II | 3,10,000 |
| 3 | Part III | 1,50,000 |
| 4 | Part IV & Part V | 48,100 |
| Sub-Total (1) | 11,02,650 | |
| 6 | Earlier Measures inc. PMGKP | 1,92,800 |
| 7 | RBI Measures (Actual) | 8,01,603 |
| Sub-Total (2) | 9,94,403 | |
| Grand Total | 20,97,053 |
Economic Stimulus Details:
References:
- Covid19 Special Economic Package Atmanirbhar Bharat Abhiyaan – Download Presentation:
- 13 May 2020 – Download Part I PDF
- 14 May 2020 – Download Part II PDF
- 15 May 2020 – Download Part III PDF
- 16 May 2020 – Download Part IV PDF
- 17 May 2020 – Download Part V PDF
आत्मनिर्भर भारत | Atmanirbhar Bharat Abhiyaan | Key Points | आत्मनिर्भर भारत | Special Economic package India
