SELF RELIANT INDIA

INTRODUCTION

As the covid 19 pandemic affected the whole world including India, Narendra Modi the prime minister of India has addressed the nation with the necessity of being Self-reliant. He emphasized that self-reliance was need of the hour. Modi coined the term on 12 May, 2020 in his address to nation with regard to the covid 19 pandemic. His focus was mainly on the absence of domestic production and that there is a need to improve the quality and supply of domestic production. Thus, he started the wave of Atma Nirbhar Abhiyaan (Self Reliant India Movement). In the long term race, this decision is seen as a very beneficial one but for a short term, it can be a slight pain for the country. The difficulties arise as the nation aims to boycott economic relations with China, when India imports $75 billion worth of goods every year from there. The mission has already taken pace with banning 59 apps from Chinese developers. But it doesn’t just stop here; the centre has put 250 more applications under watch. The relations between the nations are sour since the Galwan Valley skirmish on 15 June, 2020 in which 20 brave soldiers sacrificed their lives. Many are of the view that the movement is a repackaged version of the Make in India launched by the Modi government in 2014.

The concept of being a self reliant nation does not mean that India will cut ties from rest of the world, says the Finance minister. ‘It doesn’t mean isolating away from the world but playing a bigger role on the global economy.’ says Ravi Shankar Prasad, the Law and IT minister.

WHAT DOES SELF RELIANT MEAN?

Self reliant India indicates the need to recognize the value of production at domestic level. The concept might seem similar to make in India but it has a vast horizon. It includes the slogan Vocal for Local which refers to be more attracted to local products. India is a developing country but there are many things which India lacks, like it has the second largest market for smartphones but produces a very little amount of the same. The movement aims to make India a bigger and more essential part of the economy. This is a great opportunity, especially after a brutal pandemic which left the people helpless. It will boost the economy and would help the country to reach new heights of development. The move has special importance as America a home to many companies seeks to shift business out of China, India can become home to Industries and MNCs. Many states have also eased the labour laws in order to give companies an exemption from them and attract investments. The prime minister also announced an economic package of Rs. 20 lakh crores focusing on cottage industries, MSMEs labourers, middle class and industries among others. Package of amount Rs. 20 lakh crores amounts to 10% of India’s GDP.

PM’s 5 PILLARS OF ATMA NIRBHAR BHARAT

Modi has introduced 5 pillars to Atma Nirbhar Bharat, they are; Economy, Infrastructure, System, Demography and Demand. He focused on essence of local markets and supply. In the pandemic phase, the import and export of major supplies is not possible and so it is an important time for India to utilize this opportunity for the benefit of Nation. Modi has asked the nation turn this crisis into opportunity, giving an example of domestic production of PPE kits and N-95 masks. He believes that the vision of India of turning crisis into opportunity will be equally effective for our resolution of self-reliant India. He also explained that the decision is not self centered but will improve the dynamic performance of India before the world, “The culture and tradition of India speaks of self-reliance and the soul is Vasudhaiva Kutumbakam. India does not advocate self-centric arrangements when it comes to self-reliance. India’s self-reliance is ingrained in the happiness, cooperation and peace of the world.”

Initiatives regarding Atmanirbhar Bharat:

  • India’s personal protective equipment (PPE) sector grew from zero before March, to around 1, 50,000 pieces a day by May. It is considered an inspiring example of a self-reliant India. The PPE industry of India became worth ₹7,000 crore (US$980 million) in two months, the second largest after industry in China.
  • IIT Alumni Council setup the largest fund in the country worth ₹21,000 crore (US$2.9 billion) with the aim of supporting the mission towards self-reliance.
  • Reliance Jio announced the India’s own ‘Made in India’ 5G networks in July 2020. Mukesh Ambani announced in mid-July “Jio has created a complete 5G solution from scratch that will enable us to launch a world-class 5G service in India, using 100 per cent homegrown technologies and solutions”.
  • For the first time, it was announced that Apple would manufacturer one of their premium I-Phone models in India itself in July 2020, Chinese media also debunked misinformation related to Apple entirely shifting out of China.

CONCLUSION

Even in the phase of a virus outbreak, India cannot stop building itself. A crisis led to the birth of a new opportunity to India. This will not only help the country but the citizens to grow by reducing unemployment and poverty. It will help the health sector, agriculture sector, infrastructure and many more to grow and reach the world. The road to the same will not be easy but still with full determination the country can achieve its aim to become self reliant. After a total shutdown of the economy, a revival of the same is important and can be achieved by growing even more. The government hopes for the better and have set an aim of gasification of 100 million tons of coal by 2030 with an investment of Rs 20,000 crore. This will help our country to reach a new level in the world economy. This cannot be only fulfilled by the government but requires a great role of the citizens.

Aatma nirbhar bharat abhiyaan

Prime minister narendra modi announced a special economic package of Rs 20 lakh crore (equivalent to 10% of India’s GDP) with the aim of making the country independent against the tough competition in the global supply chain and to help in empowering the poor, labourers, migrants who have been adversely affected by COVID On 12 may .

Atmanirbhar Bharat has been called by some as a re-packaged version of the Make in India movement using new taglines such as ‘Vocal for Local’.

As part of the Atmanirbhar Bharat package, numerous government decisions have taken place such as changing the definition of MSMEs, boosting scope for private participation in numerous sectors, increasing FDI in the defence sector; and the vision has found support in many sectors such as the solar manufacturers sector.

The growth of India’s personal protective equipment (PPE) sector from zero before March, to 1,50,000 pieces a day by the beginning of May, is considered as a fine example of a self-reliant India. The PPE industry in India has become a 7,000 crore (US$980 million) in two months, the second largest after China. The largest fund in the country worth 21,000 crore (US$2.9 billion) was setup by the IIT Alumni Council with the aim of supporting the mission towards self-reliance.

This self-reliant policy does not aim to be protectionist in nature and as the Finance Minister clarified, “self-reliant India does not mean cutting off from rest of the world”. The law and IT minister, Ravi Shankar Prasad, said that self-reliance does “not mean isolating away from the world. Foreign direct investment is welcome, technology is welcome , self-reliant India… translates to being a bigger and more important part of the global economy.

The Five pillars of Atmanirbhar Bharat focus on:

  • Economy
  • Infrastructure
  • System
  • Vibrant Demography and
  • Demand

The Five phases of Atma nirbhar Bharat are:

Some details about phases of aatma nirbhar bharat :

MSME Sector

Rs 3 lakh crore Collateral free Automatic Loans have been announced for businesses including MSMEs. Some welfare measures include:

  • 1)Rs 50,000 crore equity infusion through MSME Fund of Funds
  • 2)reduction of EPF contribution for businesses and workers for 3 months
  • 3)extension of due date of all income tax returns for FY 2019-20 till Nov 30, 2020
  • 4)Rs 45,000 crore Partial Credit Guarantee Scheme 2.0

Poor including farmers and migrant workers

  1. Free supply of food grains to migrants for 2 months
  2. Affordable Rental Housing Complexes for migrants/urban poor
  3. Rs 5000 crore Special Credit Facility for street vendors
  4. Rs 30,000 crore Additional Emergency Working Capital Funding for farmers through NABARD
  5. Rs 2 lakh crore Concessional Credit Boost to 2.5 crore farmers through Kisan Credit Cards

Agriculture, Animal Husbandry, Fisheries

  1. Rs 1 lakh crore Agri Infrastructure Fund for farm gate infrastructure for farmers
  2. Rs 20,000 crore for fishermen through Pradhan Mantri Matsya Sampada Yojana (PMMSY)
  3. Rs 15,000 crore for Animal Husbandry Infrastructure Development Fund
  4. Rs 500 crore for beekeeping initiatives
  5. Amendments to Essential Commodities Act to enable better price realisation for farmers
  6. Agriculture Marketing Reforms to provide marketing choices to farmers
  7. Agriculture produce price and quality assurance

New Horizons of Growth

 1.Policy reforms to fast track investment to pave way towards Aatma Nirbhar Bharat
2. Policy reforms in coal sector, mineral sector, defense production
3. Private participation in space activities
4. More world class airports through PPP

Government Reforms and Enablers

1.Rs 40,000 crore increase in allocation for MGNREGA to boost employment
2. Health reforms and initiatives to increase investment in public health and to prepare the nation for future pandemics
3. Technology driven education with equity post COVID
4. Enhancement of Ease of Doing Business through IBC related measures
5. Public Sector Enterprise Policy for a Self Reliant India

These all policies can be successful when, india  accept the ‘make in india’ products .

After this successful completion India would definitely become the aatma nirbhar and self reliant india in all over the world.