Govt's Rs 20 lakh cr stimulus package: Mantra should be to go local, says Nirmala Sitharaman; stresses on self-reliance

Nirmala Sitharaman hailed the Rs 2o lakh crore economic stimulus package announced by Prime Minister Narendra Modi on Tuesday evening. In a series of tweets, the Finance Minister said the mantra should be 'local'. In other words, focus on manufacturing in India.

“India’s self-reliance will be based on five pillars - economy, infrastructure, technology driven system, vibrant demography and demand,” said the Prime Minister in his address on Tuesday.

Sitharaman tweeted every big branded product was 'local some time'.

For every section of our society there is something in the #AatmaNirbharBharat We should make #Local our mantra. Every big product, branded product, were #Local sometime. @PMOIndia @narendramodi is confident that we can do this.

— Nirmala Sitharaman (@nsitharaman) May 12, 2020

The finance minister said when she had asked for support to Khadi, she got it. Similiarly, she hoped the prime minister's call to go local would be heeded and given the support it needs.

Just as on my (@narendramodi’s) call we supported Khadi to become bigger, I am sure even this call for an #AatmaNirbharBharat will be adopted by all and build the 21st century for India, says @PMOIndia @narendramodi — Nirmala Sitharaman (@nsitharaman) May 12, 2020

Sitharaman said in an earlier tweet that the stimulus package will cater to everyone. "There is something for every one in the package," she said.

The finance minister was confident the Indian economy had acquired strength in its various dimensions. "Now, we can confidently engage with the world. We aim at overall transformation & not incremental changes. We shall convert the pandemic challenge into an opportunity," she tweeted..

@PMOIndia’s vision:#AatmanirbharBharat Abhiyan to include everyone-a hawker/street vendor, a trader, a MSME, an honest tax paying middle class,a manufacturer etc. This shall not be just a financial package, but a reform stimulus, a mindset overhaul, and a thrust in governance.

— Nirmala Sitharaman (@nsitharaman) May 12, 2020