UncategorizedSelf Reliant Package for India

May 12, 20200
Self Reliant Package for India
Prime Minister Narendra Modiji today declared a roadmap for India with an economic package worth Rs 20 lakh crores.
This is equivalent to 10% of the country’s GDP and meant to propel growth of India after series of lockdown and while it is entering the pave of Lockdown 4.0.
It is being anticipated that the main thrust can be on the following:
a. Supply Chain Management(SCM) & Infrastructure
b. Exports based industries to be encouraged including pharma based industries.
c. Imports to be discouraged otherwise it will fail.
d. MSMEs, the Bedrock of the industries will be a pulling factor.
e. “Local-Vocal” brand to be emphasised and connected with mission “Make in India”.
f.Reforms in labour laws, regulatory, taxes, etc. and
h. Attract investments from various countries.
The package is to boost MSME and business in its entirety and to reduce imports as self reliancy is incomplete if our import export deficit widens on regular basis.
Let’s hope that reforms, the details of which shall be disclosed soon, will transform India altogether.The details shall be shared by Finance Minister by tomorrow onwards. The quantum of package as declared includes the earlierly declared packages as well.

Leave a Reply

Your email address will not be published. Required fields are marked *

Current day month ye@r *

© 2020-21 AMLEGALS Law Firm in Ahmedabad, Mumbai, Kolkata, New Delhi, Bengaluru for IBC, GST, Arbitration, Contract, Due Diligence, Corporate Laws, IPR, White Collar Crime, Litigation & Startup Advisory, Legal Advisory.


Disclaimer & Confirmation As per the rules of the Bar Council of India, law firms are not permitted to solicit work and advertise. By clicking on the “I AGREE” button below, user acknowledges the following:
    • there has been no advertisements, personal communication, solicitation, invitation or inducement of any sort whatsoever from us or any of our members to solicit any work through this website;
    • user wishes to gain more information about AMLEGALS and its attorneys for his/her own information and use;
  • the information about us is provided to the user on his/her specific request and any information obtained or materials downloaded from this website is completely at their own volition and any transmission, receipt or use of this site does not create any lawyer-client relationship; and that
  • We are not responsible for any reliance that a user places on such information and shall not be liable for any loss or damage caused due to any inaccuracy in or exclusion of any information, or its interpretation thereof.
However, the user is advised to confirm the veracity of the same from independent and expert sources.