Economics • Indian EconomyEasy
What is the primary focus of the 'Atmanirbhar Bharat Abhiyan' economic package?
A. To make India self-reliant by supporting key domestic sectors, MSMEs, and boosting local supply chains.✓ Correct Answer
B. To nationalize all major foreign multinational companies operating in India.
C. To completely ban foreign imports and promote absolute autarky.
D. To provide universal basic income to every citizen regardless of employment status.
💡 Solution & Explanation
The Atmanirbhar Bharat Abhiyan economic package focuses on fostering self-reliance by supporting domestic industries, empowering micro, small, and medium enterprises, and strengthening local supply chains against external shocks. Incorrect statements suggest total autarky, foreign corporate nationalization, or universal basic income, none of which reflect the actual policy design. The program was rolled out as a comprehensive stimulus package during economic disruptions. The initiative rests on five distinct pillars namely economy, infrastructure, system, vibrant demography, and demand.
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