Be 'Vocal for Local' to go Global - PM's Agenda.
On 12th of May i.e. on Tuesday our hon'ble Prime Minister has announced an economic package of Rs. 20 lakh crores for the MSME's, Farmers and for the true Taxpayers of each and every sector of the country. What this economic package actually means to the citizens of the country? Will it anyhow be helping to strengthen country's econmoy? Is it the correct time to move ahead? Let's try to figure out all the questions. The package's amount is almost the 10% of the GDP of the country.
Being local will make our country powerful and help us to survive at the time of crises
It should be our motto to be vocal.
PM said that it would be a huge contributing factor for making India 'Atma-nirbhar' - a self reliant India.
PM Modi has taken this decision to empower India in terms of global means. He want India to be that capable that the country should not depend on other countries for it's basic needs. As he tried to explain all this with an example that before the pandemic India was not manufacturing even a single PPE kit and N-95 face masks. But when the country is hitted by the effect of the pandemic then now our country is manufacturing PPE, N-95 face masks and Ventilators on a very large scale and there is now no need to import all this from other countries anymore. He said that World also knew that our country is much capable and can do anything. Only the thing is that we should move ahead to proud on our local brands to make it successful. He also motivated the country by saying that the brands which are now global today was once at very low scale only.
What this economic package actually means to the citizens of the country?
The package would help the entrepreneurs to extend their areas of work and will help out new settlers to establish their own brands. The MSME's, Farmers and the true taxpayers will definitely be benefitted from this package. The citizens of the country are too much excited about the implementation of the package and also welcoming it with full enthusiasm. People can now get loans of high amounts very easily without guarantee.
Country's economy to be strengthened.
Where the whole world is under the influence of the global pandemic Covid-19, our PM has took an initiative for implentation of a special package which will work on the system of 5 pillars that are economy, infrastructure, technology-driven system, demography and demand. The package will definitely help in strengthening the country's economy. As the sale of the local products will increase and the share of country to the gloabal trade market will increase it will surely have a deep impact on the economy of the country. We should not forget that the country's economy is worse hitted during the lockdown period.
Best time for taking this decision.
It is the best time for the implementation of this package as it will decrease the import of goods from other countries and for sure led to trade our local goods in the global trade market which is need of the hours. Superpowers have given the indications to boycott from one of the world's greatest contributor to the global trade market i.e. China which provide goods in very cheaper prices. So it is the best time for India to prove itself. And to globalize it's area of trade much and much more. Self-reliant India will definitely led India to develop at a faster rate.
As our PM already mentioned the agenda of 'Make in India' plan earlier. This package is a great push to that plan.
Being an active citizen of the country, I welcomed the plan of hon'ble PM from my heart.
Thank you.



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