Signaling that the Indian government has shifted its coronavirus strategy from “survival” to “revival” mode, it announced a plethora of measures to not only resurrect the ailing economy but also to insulate it from the deadly impact of the COVID-19 outbreak.
The measures announced by the Finance Ministry on May 13, 2020, may move the GDP graph upward through “ATMA NIRBHAR ABHIYAN”. This is a historical step taken by the Indian government by announcing monetary and fiscal support of Rs. 20 lakh crore Investment scheme for the factors of production (i.e. MSME’s sector).
It also shows the path that how the local product can go globally through vocal policy as introduced by Prime Minister Narendra Modi. Read more...
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