Categories: National

Prime Minister announces Economic Package of Rs 20 Lakh Crore

 

As the whole world is fighting against the COVID-19 pandemic, Prime Minister of India Narendra Modi addressed his countrymen and announced an Economic Package of Rs 20 Lakh crore, giving stress on land, labour, liquidity and law. Details of the Economic Package will be revealed very shortly by the Ministry of Finance. This package will intend to support farmers, labourers, fishermen, migrants and the industry of the country. Through this package, PM announced to ensure the rural India from the COVID-19 pandemic.

During his speech, PM stressed on the local products and urged his countrymen to be “Vocal About Local”. He also mentioned that details of the phase-IV of the lockdown will be shared before 18th May, 2020. He stated that Phase-IV of the lockdown will be different from the earlier ones and will be redesigned with new rules.

Prime Minister also mentioned 5-Pillars to make India self-reliant. These 5 pillars are:

1. Economy: An economy that brings quantum jump along with incremental change.
2. Infrastructure: An infrastructure that becomes the symbol of modern India.
3. System: A system which will be based on technology.
4. Demography: A vibrant demography which would be the strength as well as the source of energy for self reliant India.
5. Demand: To improve demand and supply chain in India to enhance the Indian economy.

Find More National News Here

Mahesh Kumar

Working as an SEO Manager at Adda247, I bring over 10 years of experience in Search Engine Optimization (SEO) and digital marketing. I specialize in driving organic growth through data-driven strategies, including keyword research, on-page SEO, off-page optimization, and technical SEO. My area of expertise in the EdTech sector, specifically focusing on competitive exams such as Bank, SSC, Railway, UPSC, and various State Government job examinations.

Recent Posts

DRDO and Indian Navy Successfully Test Naval Anti-Ship Missile (NASM-SR)

The Defense Research and Development Organization and the Indian Navy have successfully performed the maiden…

9 minutes ago

Do You know Which Countries have 3 Presidents?

In the world, most countries have only one president. But there is one country that…

42 minutes ago

Prime Minister Narendra Modi Launches Ganga Expressway Project in Uttar Pradesh

Honorable Prime Minister of India Shri Narendra Modi have inaugurated the ambitious Ganga Expressway in…

58 minutes ago

West Bengal Records Highest-Ever Poll Participation Since Independence

The historic milestone achieved in Indian democracy as the State of the West Bengal has…

2 hours ago

India Observes Ayushman Bharat Diwas to Promote Universal Healthcare

The Ayushman Bharat Diwas is observed every year on the April 30 . This day…

2 hours ago

Which Place is known as the Honey Capital of the World?

Honey is a natural sweet food that humans have used for thousands of years. It…

18 hours ago