While addressing the nation on 12th May, , 2020, Prime Minister of India announced an “Atmanirbhar Bharat Abhiyan” worth Rs 20 lakh crores($265 billion) to tide over the economic downturn induced by the coronavirus crisis and emphasised on the need for India to become “self-reliant” as the pandemic sweeps across the world, paralysing economies in its wake.
Self-Reliant India Mission
The mission is aimed towards cutting down import dependence by focussing on substitution while improving safety compliance and quality goods to gain global market share.
Five Pillars of Self-Reliant India
