Economics • Indian EconomyEasy
In the context of the Indian economy, what is the primary focus of the 'Atmanirbhar Bharat Abhiyan' economic package?
A. Making the country self-reliant through structural reforms across various sectors including supply chains, MSMEs, agriculture, and defense✓ Correct Answer
B. Providing one-time universal basic income grants to every adult citizen
C. Abolishing all indirect taxes and replacing them with a flat progressive wealth tax
D. Transitioning the entire monetary system to a gold-backed currency standard
💡 Solution & Explanation
The Atmanirbhar Bharat Abhiyan package focuses on fostering self-reliance by implementing structural reforms across MSMEs, agriculture, supply chains, and strategic defense sectors. It avoids simplistic one-time universal basic income transfers in favor of growth-oriented supply-side measures.
More Economics Indian Economy questions
- Which statutory body oversees the regulation and promotion of micro, small, and medium enterprises (MSMEs)…
- What does the 'PM-KUSUM' scheme aim to promote across rural India?
- Analyze the structural framework of the Fiscal Responsibility and Budget Management Act, 2003. Which…
- What is the core purpose of the 'Production Linked Incentive' scheme introduced across key manufacturing…
- The 'PM-SYM' (Pradhan Mantri Shram Yogi Maan-dhan) scheme is primarily designed to provide which of the…