PM Modi has announced a special economic package of Rs. 20L crores

pm modi addressing nation
It’s been 4 months since the lockdown that the PM is addressing the people for the 5th time. He said that the entire world has been battling coronvirus pandemic, which has created havoc. He expressed his sympathy and condolences to those who have lost their loved ones.

In his address the PM Modi has announced a special economic package of Rs. 20 lakh crores which is 10 percent of India’s GDP. This economic package is specially intend to help the laborer, farmers, honest tax payers, MSME’s and cottage industries.

The highlights of PM’s address

  • One virus has created havoc
  • Entire world is fighting the war, we have to fight it.
  • We must resolve to win the war and progress
  • We know that 21st century belongs to India, hence India has to become self reliant
  • India is at the crossroads now and the crisis is an unprecedented one.
  • We have to achieve this crisis and India has to turn this crisis into an opportunity
  • India has given a ray of hope to the world.
  • India’s culture has stressed that the world as one family
  • India has never believed in being self- centered
  • India strongly believes that world is one family
  • The world has started believing in the abilities of India
  • 130 crore Indians have pledged to be self reliant
  • Now India is back on its development journey
  • India has the capability and talent to make best products
  • India has resolved to deliver the best
  • We have seen the destruction by earthquake in Kutch
  • We have seen how Kutch got back on its feet
  • No target is beyond reach of we make the resolve

5 pillars for self reliant India

  1. Economy
  2. Infrastructure
  3. Technology driven system
  4. Vibrant demography
  5. economic demand
  • The supply demand chain must be utilized to the fullest
  • To meet demands, all stake holders must unite
  • We need to celebrate our land and toiling workers
  • This is an economic package for self reliant India
  • Relief package to fight economic distress in many areas
  • Rs. 20 lakh crore relief package for India 2020
  • Package for land, labor, liquidity and laws
  • FM will give out details from May 13
  • India is committed towards bold economic reforms
  • India’s capabilities have improved due to reforms in 6 yrs
  • Reforms will transform supply chain for farmers
  • Reforms will shield our farmers and strengthen industries
  • Reforms will attract investments and strengthen economy
  • Self reliance will prepare us for global competitiveness
  • Economic package will make all sectors efficient
  • This crisis has shaken our core sectors
  • The crisis has brought out inner strength of our people.
  • The poor have endured a lot of hardship
  • We resolve to empower the poor of our country
  • Laborers, migrants, fishermen will benefit
  • We need to support local market and local supply chain
  • Crisis highlighted role played by local markets
  • Going local should be our motto
  • All global companies were once local
  • With proper efforts local went global
  • All Indians must go vocal about local
  • All Indians must buy local products with pride
  • India has turned khadi into a major big dividends
  • Corona virus is here to stay for a long time
  • We will use masks and maintain social distancing
  • Lockdown 4.0 will be entirely different
  • Lockdown will be based on the suggestions given by the states.
  • All details on lockdown 4.0 will be out before may 18
  • Package amounts to 10% of GDP
  • It is our responsibility to make 21st century ours
  • Self reliant India is our new pledge
  • India will move ahead with renewed conviction
  • No can stop India from being self reliant.

The fourth phase of lockdown will be based on the inputs given by the states We have to move on with a new resolve maintaining social distance and wearing masks will become necessary in the future.