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India To Develop Local Brands On Global Level, Self-Reliance Doesn’t Mean Becoming Isolationist Nation: FM

Swarajya StaffMay 13, 2020, 04:17 PM | Updated 04:17 PM IST
Finance Minister Nirmala Sitharaman.

Finance Minister Nirmala Sitharaman.


Finance Minister Nirmala Sitharaman today (13 May) addressed the media to give the breakup of the Rs 20 lakh crore economic package under the Atmanirbhar Bharat mission.

Sitharaman informed that this mission was formulated after high-level extensive discussions to spur growth and create a self-reliant India. Sitharaman too stressed upon the Atmanirbhar Bharat vision which will rest on five important pillar namely - Economy, Infrastructure, Technology Driven System, Demography and Demand.

The intention of the vision is to build local brands and scale them up on a global level, said the Finance Minister. She also clarified that self-reliance does not mean India becomes an isolationist nation.

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