Economy, asked by babymalik1999p9830u, 4 months ago

economics class 11 project on Atmanirvar Bharat - why, how and when ?(15 to 18) pages

Answers

Answered by zalakjain822
0

Answer:

Atmanirbhar Bharat Abhiyan, which translates to 'self-reliant India' or 'self-sufficient India', is the vision of the Prime Minister of India Narendra Modi of making India "a bigger and more important part of the global economy", pursuing policies that are efficient, competitive and resilient, and being self-sustaining and self-generating. Atmanirbhar Bharat does not mean "self-containment", "isolating away from the world" or being "protectionist".[1][2][3] The first mention of this came in the form of the 'Atmanirbhar Bharat Abhiyan'[4] or 'Self-Reliant India Mission'[5] during the announcement of India's COVID–19 pandemic related economic package on 12 May 2020.[6] The five pillars of ‘Atmanirbhar Bharat’ are stated as economy, infrastructure, technology-driven systems, vibrant demography and demand.Prime Minister Narendra Modi has said "Aatmanirbhar Bharat is not about being self-contained or being closed to the world, it is about being self-sustaining and self-generating. We will pursue policies that promote efficiency, equity and resilience."[1] Its proponents have said that this self-reliant policy does not aim to be protectionist in nature; the Finance Minister said, "self-reliant India does not mean cutting off from rest of the world".[2] The law and IT minister, Ravi Shankar Prasad, said that self-reliance does "not mean isolating away from the world. Foreign direct investment is welcome, technology is welcome [...] self-reliant India... translates to being a bigger and more important part of the global economy."[3]

Type of project

Economic development

Country

India

Prime Minister(s)

Narendra Modi

Ministry

Ministry of Finance

Ministry of Defence

Ministry of Health

Ministry of Electronics & IT

Launched

12 May 2020; 5 months ago

Self-reliance or Self-sufficiency Edit

According to Indian Express, "Atmanirbhar" can be understood as either "self-reliance" or as "self-sufficiency". The confusion, according to the Express started on 12 May itself, the day the phrase was first announced,[7]

The state of the world today teaches us that (Atma Nirbhar Bharat) "Self-reliant India" is the only path. It is said in our scriptures — EshahPanthah. That is — self-sufficient India.

— Prime Minister Narendra Modi, PIB

Swaminathan Aiyar says the same, "atmanirbhar" can be translated as both self-reliance and self-sufficiency. India in the 1960s-70s tried self-sufficiency and it didn't work out.[8] Aiyer says that "to go back to self-sufficiency again appears to be going in the wrong direction."[8] In May, in an article, Livemint translated the term as "self-sufficiency".[9]

Vocal for local:

Not only should products be 'made in India', but the promotion of those products should take place so as to make those products competitive.[25] During the Independence Day speech in 2020, Prime Minister Modi said that "The mindset of free India should be 'vocal for local'. We should appreciate our local products, if we don't do this then our products will not get the opportunity to do better and will not get encouraged."[26][27] Amul Managing Director RS Sodhi explained that the phrase vocal–for–local "meant that products be made competitive vis-a-vis global brands" and that "it didn’t mean that one must only buy products that have a logo 'made in India' on it."[25] An extension of this slogan is 'local for global', that local products in India should have global appeal and reach.[25]

Make for the world:

Prime Minister Modi, during the 2020 Independence speech, said that 'make for world' should go hand in hand with 'make in India' and that the slogan 'make for world' should be a key slogan like 'make in India' is.[26][28] A variation of the slogan is "Make in India for the world".[29]

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