Economics • Indian EconomyEasy
What does the 'Atmanirbhar Bharat Abhiyan' primarily aim to achieve in the wake of the economic disruption caused by the COVID-19 pandemic?
A. Make India a self-reliant economy by boosting domestic production, local supply chains, and economic resilience✓ Correct Answer
B. Impose complete import bans on all foreign goods to eliminate trade deficits
C. Nationalize all private sector enterprises to ensure equitable distribution of wealth
D. Provide universal basic income to every citizen regardless of employment status
💡 Solution & Explanation
The Atmanirbhar Bharat Abhiyan was launched to transform India into a self-reliant economy by strengthening domestic manufacturing capacities, reinforcing local supply chains, and building long-term macroeconomic resilience following pandemic disruptions. Total import bans and universal nationalization of private enterprises are contrary to India's mixed-economy framework and liberalized trade policies established since 1991.
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