“This is the time to turn adversity into an opportunity” quoted Indian Prime Minister Narendra Modi while launching the Atmanirbhar Bharat Scheme, a self-empowerment scheme for those largely affected by the pandemic and its effects. What started off as a vision is now a scheme benefitting many across the nation.
About the scheme
In order to counter the after-effects the pandemic has already had on the Indian economy, the Atmanirbhar Bharat Scheme is a way to amend those damages and get back on track to making profits. It, therefore, is a re-directional scheme to shift people’s attention to financial repairmen and cost recovery. it aims at repurposing various automobile industries to collaborate in the making of life-saving ventilators.
What does the Atmanirbhar Bharat Scheme focus on?
To ensure its success, the Atmanirbhar Bharat Scheme has five pillars to rely on:
- Economy
- Infrastructure
- System
- Vibrant demography
- Demand
The Atmanirbhar Bharat Scheme is not a half-cooked plan. It is a thoroughly well-thought plan with some of the best minds in the nation and the level of precision is reflected in the decision that this plan is phased out in parts.
- Phase 1 focuses on Businesses included MSMEs
- Phase 2 focuses on the poor, including the migrants and labourers who now have no means of income
- Phase 3 focuses on agriculture
- Phase 4 focuses on new avenues of growth and development
- Phase 5 focuses on Government reforms and enablers
In conclusion
Atmanirbhar Bharat Scheme is a crisis management scheme that the country needs. With the sound implementation of this, the nation would not only get through the crisis but also flourish in the post-pandemic years.