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Press Conference by Finance Minister Nirmala Sitharaman (May 13) : LIVE

Finance Minister Nirmala Sitharaman’s press conference starts to announce details of 20 lakh crore economic package. In Short, The finance minister lists the five pillars of an ‘Atma-nirbhar Bharat‘: economy, infrastructure, system, demography and demand. Thus, The economic package aims to spur growth and make India self-reliant.

Download, Aatmanirbhar Presentation Part-1 Business including MSMEs 13-5-2020

However, The Prime Minister also talks about various pillars, First Pillar: Economy, an economy that brings quantum jump, not just incremental change. Second Pillar: Infrastructure, an infrastructure that becomes the hallmark of modern India. Third Pillar: Our System – A system that is based on the technology-driven systems that fulfil the dreams of the 21st century, not the policy of the past century.

Read Also, PM Modi announces Rs 20 lakh crore special economic package; says making India self-reliant will be main focus

Essentially this is to spurt growth and to build a very self reliant India and that is why this whole initiative is called Atmanirbhar BharatAbhiyan, Finance Minister Nirmala Sitharaman added. The financial package announced by Prime Minister Narendra Modi essentially aims to spur growth and build a very self reliant India, says FM.

“The PM laid out a comprehensive vision, and that vision was laid out after wide consultations with several sections of the society,” she added. Atmanirbhar (self-reliant) India does not mean India is to be an isolationist country, says Finance Minister Nirmala Sitharaman. Meanwhile, Bold reforms have been done for six years. Is being done now and will continue till India is Atma Nirbhar, added Anurag Singh Thakur.


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