PM Modi Addresses the Nation: Here are the highlights
Narendra Modi in his recent speech announced a special financial package for the nation.
Some of the highlights include --
1-- The decisions by the RBI combined with today's financial package announcement includes Rs. 20 lakh crore relief package, which is almost 10% of the country's GDP. This package will stimulate the country's economy to a great extent. He also said, “We are making reforms to ensure that rural India stays free from the COVID crisis.”
2-- Self-reliant India is the need of the hour.
3-- This magnificent building of self-reliant India will stand on five pillars --
Economy -- An economy that brings quantum jump, not just incremental change
Infrastructure -- An infrastructure that becomes the hallmark of modern India
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
Demography -- Our vibrant demography is our strength and source of energy for self-reliant India.
Demand -- The cycle of demand and supply chain in our economy, the power that needs to be harnessed to its full potential
4-- The 4th phase of the lockdown will be different from the previous ones. The announcement for Lockdown 4.0 will be made before May 18. Stay tuned for all the updates.
