Skip to main content

Aatma nirbhar bharat 2

Image
By
By S Adeeb Mujtaba Ali
Main focus of aatma nirbhar bharat was to make a self-reliant nation focusing on local businesses (manufacturers and service providers). This was a vision to strengthen economic status of the company. Through this route, it was estimated that there would be less dependency on imports ( help in reduction of trade deficit) and boostup exports (help in trade surplus) which would help country to handle any crisis in future like covid-19

The PM's Aatma nirbhar bharat abhiyan youjna package focuses on 

Land, 

Labour,

 Liquidity and laws.

Package Breakup:

Source: elearnmarkets

The sectors to be benefited are

However, the drawbacks or shortcomings of this abhiyan are

1) Package focuses on indirect benefits.

2) No cash support but loans based

3) Loans are announced for Micro small and medium enterprises (MSMEs)

4) Bad loans issue faced by banking sector might affect the assets quality.

5) Increase in default rates might increase burden of government.

6) The abhiyan package would lead to only 1% growth of India's GDP which would not be sufficient to countries economy.

Inspite of this, the hopes are high and people are trying to encash fruits from this abhiyaan.







Labels:

Comments

Post a Comment

Share your views about the blog

Popular posts from this blog

Mucormycosis: 2021 Epidemic ???

By
It would be unjustifiable for me to not chronicle this issue as a microbiologist.                                            Image credits:  Pathology Outlines - Zygomycetes Mucormycosis (formerly known as zygomycosis) is a severe but uncommon fungal illness caused by mucormycetes, a kind of mould. Molds may be found in many kinds of places. Mucormycosis is a fungal infection that mostly affects persons who have health issues or who use medications that reduce the body's capacity to resist infections and illness. After breathing fungal spores from the air, it most often affects the sinuses and lungs. It can also happen after a cut, a burn, or any other form of skin damage. While we work to defend ourselves against COVID-19 and live with it, there is another threat posed by a fungus that we must be aware of and respond to. During or after recovery, a few COVID-19 patients ha...
Post a Comment
Read more

Counseling psycology: History

By
  By S Adeeb Mujtaba Ali Since the dawn of society, counseling has been an important part. Right from grandparents to parents advising other family members followed by providing guidance to residents by community leaders, counseling has always been an important and organic part of the human experience. During the Industrial Revolution era when people and their mobility increased by migrating to other lands, the traditional essence of counselors was lost due to separation from their families and communities. Following which there was a communication gap, people started feeling isolated and led them to approach for psychiatric help or landing to asylums.  In present times people started opting for modern psychiatry, which is nothing but professional counseling, a current trend taking rounds to keep a check on mental health. However, the presence of inefficient mental health institutes led to, a mental hygiene movement —headed by a cohort of psychiatrists,...
2 comments
Read more

Practical learning vs theoretical learning

By
The most contentious topic of discussion: theory vs. practical knowledge. Some believe that students should study more about practical courses such as computer degree programs, technical degree programs, and so on. Others, however, believe that students should learn about theoretical subjects such as history and science. But first, let's know what this term implies, and what theory is. In our educational system, theories about knowing basic life fundamentals meet with any topic, such as science, mathematics, english, geography, and history. Theoretical knowledge, then, is the understanding of what is true. Theoretical knowledge may assist you in comprehending the underlying notion and understanding how something works and how it works. The term "theoretical knowledge" refers to learning something without applying it in practice. It explains why one is more successful and the other is unsuccessful. Theoretical knowledge may help you grasp a notion better by allowing you t...
Post a Comment
Read more