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Atmanirbhar Bharat Abhiyaan- 3.0

  • Dr. Sarika Krishna
  • 11, Jan 2021
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“Atmanirbhar Bharat Abhiyaan- 3.0”

As the word Atma – Nirbahr is self explanatory that to be depend on own self by all means, centuries ago India was Self – Reliant, hold the strongest position in all over the world but the regular invasion has ruined the charm of the Golden Bird. The Atma Nirbharor Self Reliant was the foundation of weakening roots of Britishers in India, it was popularized in the Modern Period by Mahatma Gandhi as he firmly believed that India has sufficient resources and does not need to have any outer company to supply its goods in India

Thus the concept of “Khaadi” came into existence and it was the first step towards the "Self Reliant India". And, later on, many programmes have been launched for the self progression of India and its self development. Today, it can be vastly observed in the field of Agriculture,Dairy Products, Manufacturing, Software developments, Satellite Launching etc.

The increasing Foreign Trade Policies and Globalization has made the world inter-depended which definitely has played an important role get the growth and uplift the condition of a country but as it has been said that everything has its pros and cons the declining in the economy is also shared on the global Level due to nationwide lock-down during the pandemic of COVID-19.

In the 21st century the COVID-19 pandemic has made the condition worsen for allover the world and has destructed socio-economic condition of most developed countries.Many countries have tried to give a boost to their economic condition by providing the  additional financial benefit by direct transferring to the citizen's account, almost 10% amount of the total GDP has transferred to all its countrymen.

In this order, India has also announced the special economic and comprehensive package of 20 lakh crore that is also the 10% of India's GDP. The vision for “Atmanirbhar Bharat Abhiyaan- 3.0 or Self –Reliant India Movement” ,is to improve the five pillars of Atmanirbhar Bharat - Economy, Infrastructure, System, Vibrant Demography and Demand, for the Special economic and comprehensive package of ` 20 lakh crores is to cater to various sections including cottage industry, MSMEs, laborers, middle class, industries, among others.

The first addressing to the country Honorable Prime Minister of the country “Atmanirbhar Bharat Abhiyan” will focus of Four L:

(i) Land

(ii) Labour

(iii) Liquidity

(iv) Laws. 

Hence,the GoI with the objective to achieve the goal and re-shaping the economy continuous steps have been taken and huge stimulus packages have also been allotted for the “Atmanibhar Bharat Abhiyan”. The Atmanirbhar Bharat 1.0 has benefited to citizens by One Nation- One Card Scheme, PM SVANIDHI Scheme, Famers through Kissan Credit Cards, and the major support to the MSMEs and Mudra Borrowers via the Emergency Credit Line Guarantee Scheme (ECLGS) and for the second phase of Atmanirbhar Bharat 2.0 the SBI Utsav Cards were launched, LTC voucher were launched, Rs 25000 crores have been provided as additional capital expenditure to the Ministry of Defense and Road Transport.

And, the six months of nation wide restricted activities has the almost shrunken the economy and many people have lost their means of livelihood, so the third allotment forgiving a push to the economical activities was made on 13 October, it is the package “Atmanirbhar Bharat Abhiyaan- 3.0” focused to secure the employee and employer under the Prime Ministers

Rozgar Protsahan Yojana (PMRPY) the beneficiaries (new employees) under will be benefited under this scheme in terms of :-

  • Any new employee joining employment in EPFO registered establishments on monthly wages less than Rs.15000/-.
  • EPF members drawing a monthly wage of less than Rs.15000/- who made an exit from employment during COVID Pandemic from 01.03.2020 to 30.09.2020 and is employed on or after 01.10.2020.

The Government of India is aimed to 1.46 lakh cr boost to Atmanirbhar manufacturing – Production Linked Incentives for 10 Sectors like; Advance Cell Chemistry Battery, Electronic/Technology Products, Automobiles & Auto Components, Telecom & Networking Products , Textile Products, Food Products etc. Similarly to improve the real estate Rs 18000/- additional amount will be invested under the schemes of PM Awas Yojna (PMAY)Urban. For in the Atmanirbhar Bharat 3.0 farmers will get the benefit of Rs 65000/- cr subsidized fertilizers, and Boost for Infrastructure – equity infusion in NIIF Debt PF Rs 6000 crores Atmanirbhar Bharat Rozgar Yojana Rs 6,000 crores, the total amount under the Atmanibrhar Bharat 1.0 , 2.0 and 3.0 has been allotted with - 11,02,650 cr, 73,000 cr, and 2,65,080 cr, respectively.

The Government of India is making all its efforts to give a robust boost to the economy, the expected outcomes depend on the performance of the different sectors, as the Pandemic has affected adversely. But the regular stimulus packages of the Government leading to the positive outcomes which can be observed in the October month report and Moody’s has also changed the growth rate declaration about India, these all are signals to in the direction to achieve the Goal of five Trillion Economy.

Author : Dr. Sarika Krishna