Atmanirbhar Bharat Abhiyan (Self-Reliant India) Economic Package
Cite this
Citations are auto-generated; verify before publishing. The announcement classification is PolicyDhara's, not the source's.
Official announcement — a public communication of a policy decision, milestone, or initiative. Signals government intent and often precedes formal notification or legislative action.
Summary
Rs 20 lakh crore (approximately 10% of GDP) comprehensive economic stimulus package announced during COVID-19 pandemic. Covered MSMEs, farmers, migrant workers, and structural reforms across agriculture, coal, defence, and space sectors.
Key Facts
Type Announcement
Source Historical Record
Published Tuesday, 12 May 2020
Affected Population 1.4 billion citizens, 63 million MSMEs
Key Numbers
GDP: $3.9 trillion (2025 est.)
Fiscal deficit target: 4.4% of GDP
GST collection: Rs 1.87 lakh crore/month avg
Merchandise exports: $437 billion (2024-25)
Key Authorities
Key Stakeholders
Government Context
NDA II BJP-led NDA
Left Centre Right