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

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

FP Staff May 13, 2020 10:24:50 IST
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.

Govts Rs 20 lakh cr stimulus package Mantra should be to go local says Nirmala Sitharaman stresses on selfreliance

“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'.

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.

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..

Updated Date:

also read

Afghan crisis: Top Russian security official General Nikolay Patrushev visits India to discuss strategy
India

Afghan crisis: Top Russian security official General Nikolay Patrushev visits India to discuss strategy

National security advisor Ajit Doval invited General Nikolay Patrushev after a Modi-Putin conversation on 24 August. The MEA said the two leaders had expressed the view that it was important for the two strategic partners to work together

Plain-clothed health minister hit by security guard during surprise visit to Safdarjung hospital
India

Plain-clothed health minister hit by security guard during surprise visit to Safdarjung hospital

Mansukh Mandaviya said that he dawned the disguise to find out the real condition of the hospital

S Jaishankar holds wide-ranging talks with Saudi counterpart Faisal Bin Farhan Al Saud
India

S Jaishankar holds wide-ranging talks with Saudi counterpart Faisal Bin Farhan Al Saud

The visit by the Saudi foreign minister comes at a time when India has been engaged with all leading powers on the developments in Afghanistan