Discover and read the best of Twitter Threads about #atmanirbharta

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When Modi announced a 14 hour #JantaCurfew, did he expect the whole of #coronavirus in india to die/vanish in 12 hours really? No
When Modi gave a 4 hour notice for nationwide #lockdown on 24th March by allowing elite to settle in their cosy homes, did he feel migrants would not be seen & heard at all? No.
When Modi announced #lockdownindia & invoked Mythology (Mahabharat war of 18 days) to claim that fighting against Coronavirus will take 21 days, did he believe himself? No.
Read 12 tweets
The Economic package for Self-Reliance (#atmanirbharbharat) amid covid:-

Announced package - ₹20lakh cr
Already announced PMKGY - ₹1.7lakh cr
RBI liquidity announced - ₹6.5lakh cr

11.5 lakh cr NEW packages to be announced by #NirmalaSitharaman

(THREAD)
₹3 lakh cr loan package, ₹50k cr equity infusion and ₹20k subordinate debt(NPA) relief for #MSMEs are great announcements.

But only 33% MSMEs take credit from formal sector(Banks&NBFCs), 66% take it from informal sectors.

Will this reduce NPA in formal sector by MSMEs??
The definition change for #MSMEs was a needed measure but it's not something newly proposed.
It was proposed in 2018 by cabinet but came into consideration amid this Covid adversity.

Hope this changes the drastic figures as current avg employment generated by MSME is of 2.
Read 8 tweets

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