Highlights from Atmanirbhar Bharat Abhiyan Package of economic are the burning topic worldwide, hailing at the Indian Government’s progressive approach. The Indian Government left no stone unturned trying to restore the Nation’s distorted economic condition. Highlights from Atma Nirbhar Bharat Abhiyan Package have made significant headlines across the globe and has come as a monetary relief package to ensure India’s economic plight amidst the pandemic. Combined with all previous economic stimulus efforts, the relief package’s total amount comes to a whopping Rs—20 lakh crore.
Highlights from Atma Nirbhar Bharat Abhiyan Economic packages are the Government of India’s attempt to boost economic growth and lead the Economy out of the recession or economic downturn. The main idea behind infusing this scheme into the current scenario is to give tax rebates, relief, and exemptions in fiscal terms to the small scale industries, affected business sectors, and needy people. The scheme encourages spending, spending increases demand, which leads to a rise in employment rate, increasing the income, and hence boosts spending. This cycle continues to function until the Economy recovers from the doom’s effect. The highlights from Atma Nirbhar Bharat Abhiyan Economic Package are very well drafted and presented at the right time. This special economic package is equivalent to 10% of India’s GDP. However, this self-reliant scheme focused on five pillars of Aatm Nirbhar Bharat– i.e., Economy, Infrastructure, System, Demand, and Demography.
These are a few significant highlights from Atmanirbhar Bharat Abhiyan Economic Package. However, the Government has worked relentlessly in implementing the scheme in its best possible manner keeping in mind this progressive nature of the Indian Economy. Apart from the significant factors mentioned here, many benefits draped around the Nation under the highlights from Atma Nirbhar Bharat Abhiyan Economic Package for its security and safety.