Lockdown 4: Lockdown will be with New form, New Rules, PM Modi Announced 20 Lakh Crore Special Economic Package

Lockdown 4
  • In a 33-minute speech, Modi said – 20 lakh crore special package 10% of India’s GDP
  • Modi said- Countrymen will be informed about Lockdown 4 before May 18

Prime Minister Narendra Modi gave the message to the nation. The Prime Minister made it clear in a 33-minute speech that Lockdown 4 would come into force from 18 May. He said that it will be with new look and new rules. Modi said that Corona is an unprecedented crisis and self-sufficient India is the only way to overcome it. He said that we have to avoid the Corona crisis and also move forward.

The Prime Minister said that a special economic package of 20 lakh crore rupees will be given to speed up the economic activities of the country. This was Modi’s fifth message in 54 days of lockdown. Earlier on Monday, Modi held talks with the Chief Ministers for about 6 hours.

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3 Important Points of Modi’s Speech

Self-reliant India

Modi said- “I have seen the Kutch earthquake with my own eyes. Only debris is debris everywhere. Everything was destroyed. It seemed as if Kutch slept with a sheet of death. In that situation no one could have imagined that the condition would ever change. But upon seeing Kutch stood up. Kutch continued to grow. This is the determination power of us Indians. If we are determined then no goal is impossible, no path is difficult. And today there is a will, there is a way. This is to make India self-reliant. 

5 pillars of self-reliant India

“India can become self-reliant. This grand building stands on five pillars. First Pillar – Economy. An economy that brought quantum jump, not incremental change. Second Pillar – Infrastructure. An infrastructure that became the identity of modern India. Third Pillar- System. A system that is not based on the technology of the 21st century, but based on the technology driving system of the 21st century. Fourth Pilar- Demography. Demography of the world’s largest democracy is the source of our energy for self-reliant India. Fifth Pilar- Demand. Its cycle and its strength need to be used. “

Special Economic Package

“To increase the demand in the country and fulfill it, every stakeholder in our supply chain needs to be empowered. We will strengthen our supply chain, which has the smell of the soil of my country. May the fragrance of our workers sweat. Facing the Corona crisis, I am announcing today a special economic package of 20 lakh crore rupees. This economic package will serve as an important link for the self-reliant India campaign. “

Why did Modi Give a Special Package?

  • According to the Prime Minister, this package of 20 lakh crore rupees is about 10 percent of India’s GDP. Through all this, various sections of the country will get the support and support of Rs 20 lakh crore to the links of the economic system.
  • This package will give a new impetus to the country’s development journey in 2020 and the self-reliant India campaign. Land, labor, liquid and law… all have been emphasized in this package to prove the resolve of a self-reliant India.
  • Modi said that the economic package is for our cottage industries, home industries, small scale industries, MSMEs, which are the means of livelihood of crores of people.
  • The economic package is for the laborer of the country, for the farmer, who is working day and night for the countrymen in every situation and every season. This package is for the middle class of the country, which pays taxes honestly. It is for the industrialists of India who are determined to take India to economic heights.
  • “Poor, laborers, migrant laborers, fishermen, some important decisions will be announced in the economic package for every section. Corona has also explained to us the meaning of local manufacturing, local supply chain, local marketing. Local has fulfilled our demand and this local has saved us. Local is not just the need, but it is the responsibility of all of us. Lockdown 4.

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