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Press releaseArchiveTuesday, 12 May 2020

Atmanirbhar Bharat Abhiyan (Self-Reliant India) Economic Package

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Official press release — a government communication announcing decisions, milestones, or initiatives. Signals 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

TypePress release
SourceHistorical Record
PublishedTuesday, 12 May 2020
Affected Population1.4 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

Ministry of FinanceRBISEBIDEAMinistry of Commerce & Industry

Key Stakeholders

TaxpayersBanks & NBFCsInvestorsExportersImportersMSMEs

Government Context

NDA IIBJP-led NDA
Right
LeftCentreRight

Amendment History

3 changes recorded for this policy.

TypeThursday, 9 July 2026via historical
scheme
announcement
TypeSunday, 19 July 2026via historical
policy
release
SectorsTuesday, 11 August 2026via historical
Agriculture, Defence & Security, Finance & Economy
Finance & Economy, Trade & Commerce

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