Atma Nirbhar Bharat Scheme, Vocal for Local and MSMEs

But he proposed the world to construct a human-centric globalist model instead of the present profit-oriented globalist model. He also unraveled his plan to achieve his vision of an idealist globalist world, which incorporates the Atma Nirbhar Bharat Scheme for India. Atma Nirbhar means making India self-reliant by making India produce goods and Services for its needs.

He mentioned in his speech that Atma Nirbhar Bharat does not have an objective that is self-centered, but it is to prepare India to manufacture goods and services that can not only fulfill the needs of India but that of the world. The role of MSMEs in achieving this vision is enormous. They are the wheels of manufacturing in India, and the government wants to empower them.

PM gave the slogan of ‘Vocal for Local’ to urge people to use domestic-based products and services and encourage the expansion of MSMEs. The key focus of the Prime Minister’s 20 lakh crore of relief package is towards the growth of MSMEs (Micro and Medium Enterprises). In various tranches of Atma Nirbhar Bharat Package, he gave various kinds of relief and incentives to MSMEs to help in their revival (from the fallout of Pandemic) and expansion in India.