Atmanirbhar Bharat Abhiyan is the new version of ‘Make in India’ which was announced by the Hon’ble Prime Minister on 12th May 2020 with a new vision. This initiative needs to be understood, analyzed, interpreted, and adopted with a positive mind-set. Under Atmanirbhar Bharat Abhiyan a provocative economic package of around Rs.21 Lakh Crore has been allotted for various sectors to restrain the adverse effects of this pandemic in India.
1. First Tranche (Rs. 5, 94,550 crores) – Focused on firming, the backbone of the Indian economy
2. Second Tranche (Rs.3,10,000 crore) – Poor, including migrants
3. Third Tranche (Rs. 1,50,000 crore) – Agriculture infrastructure
4. Fourth Tranche (Rs. 8,100 crores) on Schemes for eight major sectors including –
a. Coal and mining
b. Commercialization Defense Production Minerals Sectors
c. Air space management (Civil aviation, Airports, and MRO)
d. Distribution Companies in UTs (Power Distribution)
e. Social Infrastructure Development via Viability Gap Funding
f. Space Sectors
g. nuclear energy Reforms
5. Fifth Tranche (Rs. 40,000 Crore) for MGNREGA Fund, RBI fund & Policies, and Pradhan Mantri Garib Kalyan Package (PMGKP) Measure for Unprivileged Citizens.
Atmanirbhar Bharat Abhiyan rests on 5 important mainstays, its notable features are:
I. Economy: An Economy is often defined as a 'state of a rustic, area or region which produces and consumer goods and services in exchange for monetary benefits. It’s indispensable for countries in pandemic to endeavor for an equilibrium between globalization and a degree of independence.
II. Infrastructure: The infrastructure is that the root of an economy as every commercial activity can only be established by better interaction, transportation, vitality supply chains, distribution channels, or monetary institution.
III. Technology-driven system: In an economy, the intervention of technology has favorably helped in modernized operations and lowered the cost of fixing a business. India necessitates determining a system supported technology-driven arrangement to satisfy the dreams of being a self-sustained state.
IV. Demography: The subject of the human population, including its scope, growth, density, distribution, and other vital a part of statistics is understood as demographic economics. India has contemplated the second-most populous country within the world with nearly one-fifth of the planet's inhabitants.
V. Supply and demand: In economics, supply and demand may be a correlation linking the number of products or services that a producer shall wish to sell at numerous rates and consequently the quantity at which the consumer wants to shop. Self-sustaining India shall observe a requirement of products, wherein the strength of demand and provide chain should be utilized during a full capacity.
VOCAL FOR LOCAL
Being vocal for local is, within the real sense of the term, the popularity and promotion of the intrinsic strength of Indian entrepreneurship waiting to be free of the shackles of inextricable tangles of land, labor, liquidity, and laws as PM Modi acknowledged. Swadeshi should be reinterpreted as a bridge between robust localization and inevitable globalization, complementary to at least one another and not opposed. His argument that we will suddenly become world-beaters by turning self-sufficient isn't convincing. We need, instead, a mixture of the simplest from wherever it's available when required, and making locally for our normal needs. Indians shouldn't be forced to accept second- or third-rate products or services simply because they need the made-in-India tag, this might be merely another, perhaps worse version of the failed model’s important substitution. What history proves over and once again is that there's no substitute for quality and competence. It’s time to revive those local industries that were taken without any consideration. It’s time to inaugurate economic policies that produce welfare, sustainable incomes, help job creation, and everyone altogether puts faith within the people. The sad state of our social sectors is additional, the credit for this goes thankfully to the shortage of public expenditure on health and education, which may be a side effect of the withdrawal of the state from the social sector, and delivering these welfare-enhancing sectors to non-public profiteers emphasizing 'vocal for local'. To a prudent mind, we should always be a little diplomatic and use the wisdom for 'Globalization' which means, henceforth to think globally and act locally.
GANDHIAN APPROACH OF SELF-RELIANCE
Prime Minister Narendra Modi's stress on self-reliant India is Swadeshi commerce in other words. In the Indian circumstances, self-reliance should not mean canceling international trade. India will have to seriously engage with the region and the world, but at the same time extend its indigenous industry by streamlining the governance arrangement and go far beyond mere amendments and announcements. Swadeshi does not and should not be interpreted as withdrawal. Gandhi’s Swadeshi movement and self-reliance were two sides of the same coin that would find currency in a globalized world. The idea of ‘’Atmanirbhar Bharat’ is old wine in a new bottle.
Gandhi envisioned a nonviolent, non-exploitative cultural and economic society. Naturally, the evolution of the country depends on the growth of villages. That is why Gandhi has firmly suggested the development of cottage commerce in villages, which will reduce the strain on agriculture. The cottage industry can also work as a good support system for villagers.
SELF – SUFFICIENT VILLAGE ECONOMY: Adoption of Self-Sufficient Village Economy at a rural level will ensure the round development of villages. Every village must have all the amenities and facilities essential for their development. Top priority should be given to poverty eradication and self-reliance. Global linkages and global collaboration will increase production, employment, income, and wealth and improving the standard of living of rural people. It will help to stop out-migration from villages and also reduces the burden of urban cities.
The linking of Gandhian self-sufficient village economy with global technology will ensure the following:
Development of all basic amenities in villages, no out-migration.
Purchases of goods and services in the local market
Circulation of income within the local community; less income drain.
Use of appropriate technology
Bread Labor-Self respect
Cooperative forms of local ownership and control.
More effective schooling and hospitals
Greater community self-reliance
Inclusive growth and sustainable development
Village Sarvodaya; Welfare of all
URBAN ECONOMY: Anchoring industrial estates will be connecting up medium and small-town development and the establishment of new towns. The towns with potential would be identified through comprehensive economic planning and will be provided with necessary infrastructure and self-contained utilities and ancillary facilities such as common technical support centers, industrial corridors, special economic zones, and other estates should be set up along with modern transport and communication system. The integrated provision of urban infrastructure and services, Global–Urban linkages, and global collaboration will increase income and wealth, improving the standard of living and sustainable development of the urban economy.
Furthermore, Global –Urban Linkages and global collaboration will ensure the following:
Development of urban cities/centers
Establishment of large scale and medium scale industries
Improve in urban infrastructure and social overheads
Optimum use of resources
Production for domestic as well as foreign market
High skill and advanced technology
Global collaboration with government control
SELF – RELIANT INDIA: CONCLUSION
The government stated an economic inducement package of Rs.21 lakh crore and systemic reformations under the Atmanirbhar Bharat Abhiyan. The proposed intention of this plan is two-fold. First, interim stratagems such as liquidity immersion and direct cash transfers for the poor will work as shock absorbers for those in intense stress. The second, long-term changes in growth-critical quarters to make them globally ambitious and engaging. Together, these measures may flourish the economic activity, impacted by the Coronavirus pandemic, and create new opportunities for growth in quarters like agriculture, MSMEs, power, coal, and mining, defense and aviation, etc.
The government by inaugurating this initiative has led a true Swadeshi movement. However, to attain self-reliance, the government must decentralize its policies, take decisions for the rural crowd and laborers, keep the poor and underprivileged at pre-eminence, and make environmentally beneficial strategies that are rooted to make India and a self-sufficient nation globally. Implementation of economic reformations made no substantial changes due to which most of the developing nations are meeting many fold economic quandaries today. The Atmanirbhar Bharat Abhiyan is an important mission for the economic restoration and development of the Indian economy. If implemented effectively and wisely, it can help achieve the dream of India being economically self-sufficient, technologically supercilious in its needs.
Sharma Rashmi, (1997): Gandhian Economics: A Human Approach, Deep & Deep Publication, New Delhi, p. 33.
Gupta Shanti Swarup (1994): ‘Economic Philosophy of Mahatma Gandhi, Concept Publishing Company, New Delhi p. 185