PM Narendra Modi announced a special economic package and gave the clarion call for ‘Aatmanirbhar Bharat.’ He said that the package, combined with earlier announcements by the government during COVID-19 crisis and decisions taken by the RBI, is to the tune of Rs. 20 lakh crores, which is equivalent to almost 10% of India’s GDP.
PM Modi said the package focusses on land, labour, liquidity and laws, which will cater to various sections including cottage industry, MSMEs, labourers, middle class, industries, among others.
He said, “This economic package is for our cottage industry, home industry, our small-scale industry, our MSMEs, which is a source of livelihood for millions of people, which is the strong foundation of our resolve for a self-reliant India. This economic package is for that labourer of the country, for the farmers of the country who are working day and night for the countrymen in every situation, every season. This economic package is for the middle class of our country, which pays taxes honestly and contributes to the development of the country. This economic package is for Indian industries, which are determined to give a boost to the economic potential of India.”
