“Self-dependent India”; PM Modi Declares 20 Lakh Crore Economic Stimulus

The third phase of lockdown is supposed to end on May 17. PM Modi also said that information about lockdown 4.0 will be provided before 18th May.

Prime Minister Narendra Modi addressed the country today on the prevailing Covid-19 situation. His address came one day after he had a brief discussion with Chief Ministers of states on Monday. The address was third in a series of PM’s addresses since the nationwide lockdown was imposed on March 25. The third phase of lockdown is supposed to end on May 17. He also said that information about lockdown 4.0 will be provided before 18th May.

Here are the key points from PM Modi’s Address-

• The crisis is unprecedented, but getting tired or defeated is not acceptable for humans.
• Our resolution will be bigger than this trouble.
• If we compare the pre and post corona times in the context of India, becoming a superpower in the 21st century is not just a dream but a responsibility for us.
• Time has come for India to be self-dependent.
• India did not have any PPEs when the Coronavirus started, N95 masks were not available in great quantity.
• India’s culture and traditions talk of self-dependence whose soul is ‘Vasudaiv Kutumbakam’ (The whole world is family).
• In India’s development, the development of the world is involved too.
• While the world is fighting between life and death, India’s medicines are acting as a ray of hope.
• The world is starting to believe that India can do remarkable things.
• We have the talent and resources to make the best products, we will improve our supply chain.
• Economy, infrastructure, system, demography, and demand will be five pillars of modern India.
• Today, I declare a special economic package for self-dependent India.
• The package is worth 20 lakh crore including the stimulus declared earlier and is 10 percent of India’s GDP.
• This package will help India to become self-dependent in 2020
• Land, labor, liquidity, and law have been given importance in this package.
• This package is for that labor and farmer who works day in and out for the country.
• It is also for the middle class and industry in India.
• Beginning Tomorrow, the Finance Minister will give you more details on this resolution of self-dependent India.
• Jandhan, Aadhar, and Mobile, JAM, has helped us to make money reach the poor.
• The new reforms will encourage businesses and investments.
• All parts of organized and unorganized sectors will be covered under this package.
• Not only we will buy local products, but we will also promote them.
• Information about lockdown 4.0 will be given to you before 18th May