Home » National » Prime Minister Narendra Modi announced a special economic package worth over 20 lakh crore rupees

Prime Minister Narendra Modi announced a special economic package worth over 20 lakh crore rupees

Newdelhi:12/5/20: Prime Minister Narendra Modi announced a special economic package worth over 20 lakh crore rupees and 10% of India’s GDP in view of the coronavirus pandemic. He said the package would provide relief to almost every segment of the population. He added that the details of the package would be announced in the next few days by the Finance Minister

Addressing the nation today, he said that building a Self Reliant India was essential in a post-COVID-19 world. He highlighted that India’s self-reliance would be based on 5 pillars – Economy, Infrastructure, System, Demography and Demand.

The Prime Minister emphasised that self-reliance was essential for India’s global competitiveness. He said that reforms over the past 6 years have to be taken forward to build a self-reliant India.

He further said that the corona outbreak had shown us the importance of local markets and local supply chains. He said that we needed to adopt the mantra of “local” and work towards its progress.

Prime Minister Modi highlighted the gravity of the pandemic which has infected more than 42 lakh people across the world and has led to the death of over 3 lakh people globally.

The Prime Minister said that the whole world is engaged in a fight for life against the virus. He said that while the crisis is unlike anything seen before, humanity must not lose faith and determination. The Prime Minister added that the 21st century is said to be the Indian century. He said that India bears a responsibility. Recalling the Shastras, he highlighted the importance of self-reliance.

He added that India had converted a disaster into an opportunity. He said that when the pandemic erupted, PPE kits and N-95 masks were not made in India. Prime Minister Modi said that the meaning of self-reliance has changed. The world is now looking towards humanity centric globalization. In this respect, the Prime Minister expressed confidence that India could lead the way. He praised India’s ancient culture saying that the wisdom of age-old principles such as Vasudaiva Kutumbakam and harmony with nature ensure that world progress is central to India’s conception of progress.

He also said India’s initiatives such as the International Solar Alliance were a gift to the world. Our centuries-old conception of self-reliance has always followed the path of global progress.

The Prime Minister expressed confidence in India’s capabilities and manpower. He said that India will build new supply chains, create better products and lead the global recovery.

Citing the recovery of the Kutch in Gujarat after the 2002 earthquake, he said that the region was laid waste, but, recovered soon. He said this was a symbol of the commitment and resolve of Indians.

About Editor in chief

Ashok Palit has completed his graduation from Upendranath College Soro, Balasore and post graduation from Utkal University in Odia Language and literture.. He has also carved out a niche for himself as a scribe of eminence after joining the profession in 1988. He is also an independent media production professional. He brings loads of experience to Advanced Media, Ashok Palit as a cineaste has been active in film criticism for over three decades. As a film society activist, he soared to eminence for his profound commitment to the art film appreciation and aesthetics of cinema. His mode of discourse is often erudite but always lucid and comprehensible marked by a perfect acumen so rare in the field. A film aesthete with an immense fond of critical sensibilities, he wrote about growth and development of odia cinema in New Indian Express, The Times of India, The Hindustan Times, The Asian Age and Screen. He has been working as an Editor for Cine Samaya from 2002-2004.. He had made solid contribution on cinema in many odia Dailies and weekly such as Samaj, Prajatantra, Dharatri, Samaya, Satabadi, and weekly Samaya.

Leave a Reply

Your email address will not be published.


Check Also

Fresh Low Pressure Over Bay Of Bengal Later Next Week

Bhubaneswar:21/10/21: While the India Meteorological Department (IMD) has forecast dry weather for six days from October 22, senior meteorologist Jason Nicholls on Thursday tweeted about the possibility of the formation ...