Atmanirbhar Bharat is not a new movement rather it is an advanced version of movements like the Fourth Five year Plan (1969-1974) and swadeshi movement.
- The fourth five-year plan was introduced by Indira Gandhi which stated two major objectives:
• Stable Growth of India
• Self Reliant India
- Swadeshi movement is also known as MAKE IN INDIA movement launched in the year 1905 by mahatma Gandhi which instructed to boycott British products and put into use the products made in India
And the current pandemic situation has made us again to get along with the previous plans to make our country self-sufficient. Hence our honorable prime minister Narendra Modi Ji has launched a mission well known as Atmanirbhar Bharat(self-reliant India). This mission has been interpreted by some people as a re-packaged version of the Make in India movement using new catchphrases such as ‘Vocal for Local’.
The purpose aim of this plan is two-fold. The primary measure such as liquidity infusion and immediate cash transfers for the poor which will work as a trauma shield for those in critical density.
The secondary measure to ensure long-term reforms in growth-critical sectors to make them globally competitive and attractive.
Together, this move may bring back the economic activity, affected by the Covid-19 pandemic, and generate new opportunities for better growth in sectors like coal and mining, power, micro, small and medium enterprises (MSMEs), agriculture, aviation, and defense,etc. Still, many challenges are required to be directed to attain the vision of this master plan.
On May 12, 2020, our Prime Minister, Mr. Narendra Modi, proclaimed a particular economic package of Rs 20 lakh crore (equivalent to 10% of India’s GDP) focusing to build the country self-sufficient against the tough race in the global supply chain and to help out in authorizing the migrants, poor and laborers who have been adversely affected by COVID pandemic. The Prime Minister’s address also emphasized that the MSME sector will act as the substructure for economic improvement. Intending to get back the MSME sector back on its feet, the Prime Minister proclaimed the MSME sector to be within the compass of the Atma-Nirbhar Bharat Abhiyan (ANBA).
This mission requires India to boycott Chinese merchandise (and promote AN Atmanirbhar India instead) and much tough within the short term for the country as India imports $75 billion prices of products once a year from China, to the extent that elements of Indian business.
Following the Galway depression skirmish on 15 June 2020
Indian troopers died, was serious concern creating the country self-directed, Chinese firms should not be given plans and projects like the Delhi-Meerut RRTS.
A large number of firms with weak balance sheets in aviation, hospitality, and tourism zones hit the toughest with little hopes of a revival. While the reforms have mainly addressed supply-side issues via a liquidity boost, it’s didn’t address industry-specific demand for a rescue package. Injecting money into businesses directly has not happened.
furthermore, in a short term, any move towards autonomy can bring back at the value of shoppers, United Nations agency can either pay additional for associates degree Indian different or deal with a less economical Indian alternative rather than enjoying the simplest product at the most cost-effective costs attainable.
Within weeks or months later, we expect a fixed strategy move towards achieving the objective of Atmanirbhar Bharat because, without them, it will redo the apathetic pathway of the Make In India initiative.
Let us hope the current plans and strategy under this mission do not hitch India’s economic progress like what happened just after the independence of India.