AATMNIRBHAR BHARAT

Aatmnirbhar is a Hindi word which in English means self-sufficient and no one should depend on others for their success in life. In other words, one should neither depend nor expect help from others in order to run their livelihood. One must be self dependent and self reliant as the person who depends on others never succeeds in life.

Post independence, India was still dependent on others for various resources but today India is becoming self dependent in every field. In May 2020, Narendra Modi, the Prime Minister of India announced a Rs 20 crore economic package under the Aatmnirbhar Bharat Abhiyan in order to avert the probable economic decline during the global Covid-19 pandemic and to spin the catastrophe into opportunity. The self sufficient mission was launched in pursuance to address the pandemic crises and the economy falloff due to subsequent lockdown in India.

The Aatmnirbhar Bharat Abhiyan was promulgated with the aim to make India self-dependent and also apportioned boost to the economy that had slowed down by the pandemic. This package is approximated to be GDP’s 10 percent.

Five Pillars of Aatmnirbhar Bharat Abhiyan

  • Economy: An economy that guarantees a huge bounce instead of gradual change.
  • Infrastructure: It is postulated on the 21st century systems driven by technology.
  • Technology: Such infrastructure would be assisted that would become the cotemporary age’s recognition.
  • Demography which is vibrant: A remarkable Constitution, well-developed democratic institutions and true participation by the people in social governance is the source of our energy for India to be self-sufficient.
  • Demand: The chain of demand-supply will be utilized at its complete potential.

Benefits of Aatmnirbhar Bharat

It aims at aiding India to a become self-reliant nation. The unemployment in the nation will be terminated and growth will be seen in the industries. Thus, ensuring decline in the rate of poverty and will also result in strengthening the economy of the nation. Every citizen of the country will be benefitted by the self reliance. The dependency of India on other countries for different resources will also decreases rapidly. It also aims at making and promoting local products and providing assistance to Indian companies to compete in supply chains globally. Thus, focusing on the idea of ‘ Vocal for Local’. The foreign exchange will also be saved by the import reduction and by exporting additional goods, more foreign exchange could be earned. In order to provide employment and shelter to the migrants, an additional Rs 40,000 crore was allotted to the MGNREGA (Mahatma Gandhi National Rural Employment Guarantee Act 2005). More number of labs and health institutions will be instituted. The industry of Indian Space will also be benefitted by the opening of space exploration for the private sector. The needs and requirements of various sections such as industries, small business, laborers, etc. will all be catered by this economic package.

Criticism

The Aatmnirbhar Bharat Abhiyan is mainly criticized for being somewhat similar to the ‘ Make in India’ campaign. It is argued by the critics that it is the same plan, just implemented with a different name. The fundings allocated are mostly in the same way as the budget in general. The critics believe that the package will not be beneficial enough to rejuvenate the economy of the nation. The employment in the Urban region is seemingly ignored in this package.

It can be concluded that there are a number of challenges before the Aatmnirbhar Bharat Abhiyan but its approach of the target postulates growth inclusively including development in every field and promoting equality and being ready to face all the problems coming ahead.