Amid the COVID-19 pandemic, India’s Prime Minister Narendra Modi unveiled the Atmanirbhar Bharat Abhiyan (Self-Reliant India Campaign) on May 12, 2020. This ambitious initiative aims to transform the crisis into an opportunity by promoting local manufacturing, reducing import dependency, and fostering economic resilience.
The Atmanirbhar Bharat Abhiyan is structured around five pillars: Economy, Infrastructure, System, Vibrant Demography, and Demand. Through these pillars, the campaign seeks to create a self-reliant India, capable of withstanding global economic shocks and fostering sustainable growth.
To achieve its objectives, the Atmanirbhar Bharat Abhiyan has introduced several key schemes:
Objective: Support the poor and vulnerable during the COVID-19 pandemic.
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Objective: Provide additional funding to MSMEs and businesses.
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Objective: Facilitate working capital loans for street vendors.
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Objective: Boost domestic manufacturing in key sectors.
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Objective: Provide employment and create infrastructure in rural areas.
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Objective: Ensure food security for migrant workers and their families.
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Objective: Build community farming assets and post-harvest agriculture infrastructure.
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The Atmanirbhar Bharat Abhiyan aims to transform India into a global manufacturing hub, enhance its export capabilities, and create a robust and self-sustaining economy. The successful implementation of these schemes is expected to generate employment, stimulate economic growth, and make India self-reliant in critical sectors.
The campaign has already shown positive results in various sectors. For instance, the PLI scheme has attracted significant investments in electronics and pharmaceuticals, while the ECLGS has provided much-needed liquidity to MSMEs, helping them sustain operations during challenging times.
As India commemorates important days that symbolize its progress and aspirations, the Atmanirbhar Bharat Abhiyan stands as a testament to the nation’s resilience and determination to emerge as a self-reliant global powerhouse.
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