Coronavirus – Economic Issues

Atmanirbhar Bharat Abhiyan 3.0 Package


From UPSC perspective, the following things are important :

Prelims level: Atmanirbhar Bharat Abhiyan

Mains level: Self-reliance measures

Finance Minister has announced a fresh set of relief and stimulus measures for the economy worth ₹1.19 lakh crore, including a scheme to boost re-employment chances of formal sector employees who lost their jobs amidst the COVID-19 pandemic.

Assist this newscard with:

[Burning Issues] Atmanirbhar Abhiyan Package

Atmanirbhar Bharat

  • Atmanirbhar Bharat, which translates to ‘self-reliant India’ or ‘self-sufficient India’, is the vision of our PM of making India a bigger and more important part of the global economy.
  • It doesn’t mean “self-containment”, “isolating away from the world” or being “protectionist”.
  • It calls for pursuing policies that are efficient, competitive and resilient, and being self-sustaining and self-generating.
  • The five pillars of ‘Atmanirbhar Bharat’ are stated as economy, infrastructure, technology-driven systems, vibrant demography and demand.

Highlights of the Package 3.0

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