In its 8 pm address to the nation, Prime Minister Narendra Modi announced financial package to make India self reliant.
This package is to the tune of Rs. 20 Trillion i.e. nearly 10% of GDP.
I announce a special economic package today. This will play an important role in the 'Atmanirbhar Bharat Abhiyan'. The announcements made by the govt over COVID, decisions of RBI & today's package totals to Rs 20 Lakh Crores. This is 10% of India's GDP: PM Narendra Modi #COVID19 pic.twitter.com/VGpGlIapOy— ANI (@ANI) May 12, 2020
Self reliance, self confidence are two arms of India. All the sectors will benefit with a phillip in supply chains, said Modi.
At the same time he stresses on five plllars of self-reliance-: Economy, Infrastructure, Technological system, Demography, Demand and supply chains