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Atmanirbhar Bharat Abhiyan

The COVID-19 pandemic has adversely affected the Indian
economy and society in varied ways. In this article, you can
read the details of the Atmanirbhar Bharat Abhiyan – which is
the name given to the full-fledged economic stimulus package
announced by the Union Government. Atmanirbhar Bharat
Abhiyan was highlighted on India’s 72nd Republic Day (2021).
Department of Biotechnology showcased COVID-19 vaccine
development process in their tableau. The government had
initially announced the Pradhan Mantri Garib Kalyan Yojana
(PMGKY) as interim measures for those affected by the COVID19
pandemic.

Atmanirbhar Bharat Abhiyan:-

The Atmanirbhar Bharat Abhiyan (meaning self-reliant India scheme) was announced
in four tranches by the Union Finance Minister Nirmala Sitharaman in May 2020.
The economic stimulus relief package announced by the government is touted to be
worth Rs.20 Lakh crores. This includes the already announced Rs 1.70 lakh crore relief
package, as the PMGKY, for the poor to overcome difficulties caused by the coronavirus
pandemic and the lockdown imposed to check its spread.
5 Important Facts about Atmanirbhar Bharat Scheme

1. The Prime Minister announced that an Atmanirbhar Bharat or a self-reliant India
should stand on the following five pillars:
1. Economy
2. Infrastructure
3. 21st-century technology- driven arrangements and system
4. Demand
5. Vibrant Demography

2. The 20 lakh crore worth package is almost 10% of the GDP of the country.
3. The package emphasizes on land, labour, liquidity, and laws.
4. The package includes measures across many sectors such as MSME, cottage
industries, middle class, migrants, industry, etc.
5. Several reforms are announced to make India a
self-reliant economy and mitigate negative
effects in the future. Some of the reforms are:
1. Simple and clear laws
2. Rational taxation system
3. Supply chain reforms in agriculture
4. Capable human resources
5. Robust financial system

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Abhishiek Dwivedi
Suraj School, Sec -56