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Aatma Nirbhar Bharat Abhiyan: Economic Package 2.0 (Summary)

The Government of India’s INR20 lakh crore economic package aims to support the country through the unfolding crisis and also realign its focus for future growth, by offering a package equivalent to 10% of the country’s GDP. The focus of the measures is also on structural reforms announced as part of this package showcase the country’s focus on strengthening the India opportunity, by becoming ‘aatmanirbhar’. The call to drive local businesses is geared towards developing the domestic market to cater to the demand of the consumption-driven economy and reducing dependence on imports. At the same time, the country intends to strengthen its manufacturing ecosystem to Make in India, for India and the world.