‘Vocal for Local’ – 20 Lakh Crore to deal with Covid-19- PM Modi

Time has taught us that we must make ‘local’ the mantra of our lives. Global brands that are there today were once local too. But when people there started supporting them, they became global. That is why from today, every Indian must become vocal for our local

Narendra Modis Address to the nation on 12th May 2020

Prime Minister Narendra Modi on announced Rs. 20 Lakh Crore fiscal stimulus to deal with COVID-19 situation in the country. The package is the second largest in Asia after Japan.

“I announce a special economic package today. This will play an important role in the ‘Atmanirbhar Bharat Abhiyan.’ The announcements made by the government over COVID, decisions of RBI and today’s package totals to Rs 20 lakh crore (USD 265 billion). This is 10 per cent of India’s GDP,” the Prime Minister said in his address to the nation.

“This economic package is for our small-scale industries, MSMEs, which are the means of livelihood of crores of people and is the strong base of our resolve for self-reliant India. To prove the resolve of self-reliant India, the emphasis has been given on land, labour, liquidity and laws, in this package,” he said.

Prime Minister Modi said the “economic package is for the country’s workers, farmers, who are working hard day and night for the countrymen in every season. This economic package is for the middle class of our country, who pays tax honestly and contributes to the development of the country.”

While most of the countries struggling with the coronavirus crisis have focused on financial packages only, India has gone much further in its efforts to revive the economy by effectively containing the virus as well and its impact on the people’s livelihood.

When other nations are being reactive in their response to COVID, India under the leadership of Prime Minister Modi is being proactive — going ahead with reforms for future-proofing India.

India’s package is not trickle down but empowers one and all. There is one great focus on labour, hawkers, street vendors, etc., who tend to always get neglected. India is ushering in reforms, improving governance systems and further liberalising its economy.

Prime Minister Modi is drawing from his personal experience of disaster management, recovery and rehabilitation post-Kutch earthquake in 2001. If the Kutch story is a reflection of his abilities to perform in adversity, the India story will truly make a grand story.

Modi has given a clarion call to create a self-reliant India. But this call for self-reliance is very different from the isolationist and protectionist self-reliance movements across the world.

Self-reliance in Prime Minister Modi’s vision for India is neither exclusionary nor isolationist. There is a specific talk of improving efficiency, competing with the world as well as helping the world.

PM Modi also said that humanity would not accept defeat from the coronavirus but the people have to stay safe and move forward.

“We had never seen or heard about such a crisis ever before. This is definitely unimaginable for mankind. It is unprecedented. But humanity will not accept defeat from this virus. We have to not only protect ourselves but also move forward,” said Prime Minister Modi in his address to the nation.

Talking about the gravity of the virus, Modi said: “It has been four months the world is fighting COVID-19. More than 42 lakh people from different countries have been infected by COVID-19. More than 2.75 lakh people have lost their lives due to the virus. In India too many families have lost their dear ones, I express my condolences to them.”
“Today when the entire world is in crisis, we will have to further firm our resolve,” he added.

Prime Minister Modi had said the need was to reduce the transmission rate of the disease and to increase public activity gradually while adhering to all the guidelines and efforts to be made towards achieving both these objectives.

Prime Minister Narendra Modi in his address also urged people to buy and endorse local products, stating that COVID-19 time has taught made us realise the importance of local traders, craftsmen and brands.

“Time has taught us that we must make ‘local’ the mantra of our lives. Global brands that are there today were once local too. But when people there started supporting them, they became global. That is why from today, every Indian must become vocal for our local,” the Prime Minister said in an address to the nation.

“I request people to buy and endorse local products. We have done this before also with khadi and it worked very well. It is time for us to do our bit for our friends on the streets like street hawkers, daily wage workers, migrant labourers and fisherman,” he said.

The Prime Minister said that certain key announcements will be made soon for “friends on the streets”.

Stressing that people need to buy local products and spread the word, he said, “I am proud to recollect that I had asked citizens to buy khadi and to support handloom workers. In a short time, demand and sales touched record levels. Khadi became a big brand because of you and we got good and effective results.”

Prime Minister Narendra Modi on Tuesday said that humanity would not accept defeat from the coronavirus but the people have to stay safe and move forward.

“We had never seen or heard about such a crisis ever before. This is definitely unimaginable for mankind. It is unprecedented. But humanity will not accept defeat from this virus. We have to not only protect ourselves but also move forward,” said Prime Minister Modi in his address to the nation.

Talking about the gravity of the virus, Modi said: “It has been four months the world is fighting COVID-19. More than 42 lakh people from different countries have been infected by COVID-19. More than 2.75 lakh people have lost their lives due to the virus. In India too many families have lost their dear ones, I express my condolences to them.”

“Today when the entire world is in crisis, we will have to further firm our resolve,” he added.

Prime Minister Modi had said the need was to reduce the transmission rate of the disease and to increase public activity gradually while adhering to all the guidelines and efforts to be made towards achieving both these objectives.

The Prime Minister on Monday held a video conference meeting with Chief Ministers of all states to discuss the road ahead in India’s fight against COVID-19 and noted that he was of the firm view that measures needed during the third phase of lockdown will not be needed in the fourth phase.

He announced that the fourth phase of lockdown will be much more different than the previous phases and details will come by May 18. The phase three of the lockdown is coming to an end on May 17.

By : Team Prakashak

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