Technology: Aatmanirbhar Bharat Abhiyaan (Download PDF)

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  • Different from being self-centered.
  • 20 lakh crore package announcement about 10 % of GDP.
  • Importance of local manufacturing, local market and local supply chains.
  • Focus on Land, Labour, Liquidity and Laws.
  • Cater to various sections including cottage industry, MSMEs, labourers, middle class and industries, among others.
  • Package focus also includes:
    • Poor
    • Laborers
    • Migrants from both organized and unorganized sector

Bold Reforms-Need of the Hour

  • Supply chain reforms for agriculture.
  • Rational tax system.
  • Simple and clear laws.
  • Capable human resource
  • A strong financial system

Five Pillars of Self-Reliant India

  • Economy-brings in quantum jump and not incremental change.
  • Infrastructure-should become the identity of India.
  • System- based on 21st century technology driven arrangements.
  • Vibrant-Demography- source of energy for a self-reliant India.
  • Demand- the strength of our demand and supply chain should be utilized to full capacity.

Ease of Doing Business for Corporates

  • Improvements in rankings in starting a business and insolvency resolution.
  • Contributed to the overall improvement in India՚s ranking on EoDB.
  • Key reforms to include:
    • Direct listing of securities by Indian public companies in permissible foreign jurisdictions.
    • Private companies which list NCDs on stock exchange not to be regarded as listed companies.
    • Including the provisions of part IXA (Producer Companies Act, 1956 in Companies Act, 2013) .
    • Power to create additional/specialized benches for NCLAT.
    • Lower penalties for all defaults for Small Companies, One Person Companies, Producer Companies and Start Ups.

Other Interventions for MsMEs

  • e-market linkage for MSMEs.
  • To be promoted to act as a replacement for trade fairs and exhibitions.
  • To enhance transaction based lending FineTech will be used using the data generated by the e-marketplace.
  • MSMEs receivables from govt. and CPSEs to be released in 45 days.

₹ 20,000 Crore Subordinate Debt for Stressed MsMEs

  • Stressed MSMEs need equity support.
  • Govt. of India will facilitate ₹ 20,000 crore as subordinate debt.
  • Two lakh MSMEs are likely to benefit.
  • Functioning MSMEs which are NPA or are stressed will be eligible.
  • A support of ₹ 4,000 crore to be provided to CGTMSE by the govt.
  • Partial Credit Guarantee Support will be provided to Banks by CGTMSE.
  • Promoters of MSMEs will be given debt by banks which will then be infused by promoter as equity in the Unit.

Free Food Grain Supply to Migrants for 2 Months

  • Migrants in various states require food-grain assistance.
  • Technology systems to be used enabling migrants to access PDS (Ration) from any Fair Price Shops by 2021-One Nation One Ration Card.
  • Migrants who are neither NFSA or State Card beneficiaries in the state they are stationed will be provided 5 kg of grains per person and 1 kg Chana per family for two months.
  • 8 crore migrants are expected to benefit.
  • ₹ 3500 crore will be spent on the intervention for 2 months.
  • The GoI will bear the full cost.
  • State governments will be responsible for implementation, identification of migrants and full distribution thereby providing detailed guidelines.
  • Schemes for Affordable Rental Housing Complexes for migrant workers and urban poor to be launched.
  • 2 % of Interest Subvention for 12 months for Shishu MUDRA loanees-Relief of ₹ 1500 crore.

Technology Driven Education with Equity Post-COVID

PM EVIDYA

  • A programme for multi-mode access to digital/online education to be launched immediately.
  • It consists of:
    • DISKHA for school education in states/UTs: e-content and QR coded Energized Textbooks for all grades (one nation, one digital platform) .
    • One earmarked TV channel per class from 1 to 12 (one class, one channel) .
    • Extensive use of Radio, Community radio and Podcasts.
    • Special e-content for visually and hearing impaired.
    • Top 100 universities will be permitted to automatically start online courses by 30th May, 2020.
    • Manodarpan is an initiative for psychosocial support of students, teachers and families for mental health and emotional wellbeing to be launched immediately.
    • New National Curriculum and Pedagogical framework for school, early childhood and teachers will be launched: integrated with global and 21st century skill requirements.
    • National Foundation Literacy and Numeracy Mission for ensuring that every child attains learning levels and outcomes in grade 5 by 2025 to be launched by December 2020.

Health Reforms & Initiatives

  • Increased investment in Public Health.
    • Public expenditure on health will be increased.
    • Investment in grass root health institutions.
    • Ramp up Health and Wellness Centres in rural and urban areas.
  • Preparing India for future pandemics
    • Infectious Diseases Hospital Blocks-all districts
    • Strengthening of lab network and surveillance
    • Integrated Public Health Labs in all districts & block level Labs and Public Health Unit to manage pandemics.
    • Encouraging Research-National Institutional Platform for on health by ICMR.
    • National Digital Health Mission-Implementation of National Digital Health Blueprint.

- Published/Last Modified on: September 12, 2020

Science/Technology, Economy, Health, Yojana

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