IS ‘ATMANIRBHAR BHARAT’ JUST ANOTHER MEANINGLESS SLOGAN?
WHAT IS THE POLICY? Following the COVID-19 lockdown, the Centre announced an ‘Aatmanirbhar Bharat Abhiyan’ (ABA) package in mid-May 2020, which amounted to 10.3% of GDP, to stimulate the economy. While the direct fiscal stimulus was less than 1.3% of the GDP, more than 7.8% of GDP was about providing easy credit to the MSMEs…
