Economic package of 20 lakh crore to fight Covid19 crisis: PM Modi.

Economic package of 20 lakh crore to fight Covid19 crisis: PM Modi.

Prime Minister Narendra Modi on Tuesday evening addresses the nation on the prevailing Covid19 situation. He says that currently we are fighting war against the corona virus pandemic. PM Modi says that now time has come to move forward along with saving ourselves from coronavirus. and PM Modi Announce Economic package of 20 Lack crore

This is the fifth addressal of Prime Minister Narendra Modi to the nation following the corona outbreak. “It’s been four months now since the world started fighting the Covid19 pandemic. A small virus has the entire world worried and in a state of shock. This is something we have never seen and it is unimaginable for mankind,” says PM.

PM Modi urges the nation to not give up and says that we can not be tired at the moment. He talks about those people who have lost their lives due to coronavirus. He expresses his condolences to the families who have lost their family members across the world.

21st Century Belongs to India.

“We have to make the dream come true that the 21st century belongs to India. It is our responsibility and we have to ensure it,” says Modi. PM says that the only solution to emerge out victorious from this pandemic is becoming self-reliant. 

India’s self-reliance mainly depends on five pillars – economy, infrastructure, technology driven system, vibrant demography and demand. PM Modi says that India’s self-reliance does not advocate  a self-centred system. India concerns for the happiness, cooperation and peace of the entire world.

India’s Strength.

Prime Minister Narendra Modi hails India’s resources, power and talent. He says that there was a time when India didn’t produce PPE kits and N-95 masks. But now we are producing 2 lakhs PPE kits and N-95 masks in India on a daily basis. 

We are successfully turning this time of crisis into an opportunity for India’s growth. India has the power, resources and talent to produce the best products today. We will improve our quality of products and modernise the supply chain.

The entire world is recognising India’s strength today and believes that we can do well. We can contribute towards the welfare of mankind.

Economic package of 20 lakh crore.

Prime Minister Narendra Modi in today’s addressal announces an economic package of 20 lakh crore. This economic package will play an important role in ‘Atmanirbhar Bharat Abhiyan’. Today’s economic package is for those labourers and farmers of the country who work day and night for their nation.

PM Modi also says that this package is for the middle class of the country who honestly pays taxes and contributes towards the country’s development. All the relief packages announced by the government in the wake of Covid19, decisions of RBI and today’s economic packages is 10 percent of India’s GDP.

Lockdown 4.0

PM Modi also announces the extension of lockdown. India will now enter into the fourth phase of nationwide lockdown. However, PM Modi says that lockdown 4.0 will be totally different from the previous ones. Guidelines for fourth phase lockdown will be available before May 18.

Nidhi Shree

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