Aatmnirbhar Bharat Abhiyan lays secure foundations to bring well-organized long-term reforms in growth-concern sectors with objectives to elevate per capita GDP and make India establish its roots in a highly competitive environment on a global level. While addressing the nation in the month of May, Prime Minister Narendra Modi asserted that self-reliance is the only path that would revive the nation on the economic front.
An announcement of a financial package of Rs. 20 lakh crore by Honorable Prime Minister Narendra Modiji can be helpful in reviving the Indian economy. PM Modiji has emphasized that the central point of the exclusive economic package will be labor, land, liquidity, and laws. The wide range of benefits of Aatmnirbhar Bharat Abhiyan will encompass farmers, laborers, MSMEs, street vendors, hawkers, and reliable taxpayers.
COVID-19 pandemic has had a negative impression on the Indian economy and has turned out to be the largely disruptive factor for the economies throughout the world. According to the Ministry of Statistics reports, India's economic growth tumbled by 3.1% in the 4th quarter of the year 2020. During the heavy lockdown, around 122 million Indians became unemployed due to the COVID-19 crisis. The financial package introduced by the Indian government amid the COVID-19 pandemic will bring relief for MSMEs, small-scale industries, etc. By following the government's agenda of Aatmnirbhar Bharat, Aatmnirbhar Sena is gearing up to extend support to small business owners, street vendors, hawkers, young entrepreneurs, etc. by helping them with the formulation of a business plan, short-term and long-term financial assistance such assisting them in getting loans, business, and compliance training, conducting mentorship programs for them to equip them as the assets for the development of the nation and make them become the driving force behind the progress of India as a self-reliant nation.