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Atmanirbhar Bharat
Indian government initiative for economic self-reliance
Atmanirbhar Bharat
Atmanirbhar Bharat (Hindi: आत्मनिर्भर भारत, "Self-Reliant India") is a policy framework and slogan associated with the current government of India, led by Prime Minister Narendra Modi, promoting domestic manufacturing, Import substitution industrialization, and support for Indian industry. Modi first used the term "self-reliance" in 2014 in discussions of national security, poverty alleviation, and the Digital India initiative. The phrase gained prominence in May 2020 with the announcement of an economic stimulus package of ₹20 lakh crore (equivalent to ₹26 trillion or US$270 billion in 2026) in response to the COVID-19 pandemic. However, economists have claimed that direct fiscal spending amounted to only about one percent of GDP rather than 10 percent as implied by the headline figure. Assessments of the initiative note that manufacturing's contribution to India's GDP has continued to decline since its launch. The World Bank puts manufacturing's contribution to Indian GDP at about 13...
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