Post #9180

#FACTS@SSBCLEAR FACTS ON AATMANIRBHAR BHARAT 🇮🇳 ✅ Key Facts & Achievements * The Atmanirbhar Bharat Abhiyan was launched by the Indian government in May 2020 in response to the COVID-19 pandemic. * Its aim: to make India economically self-sufficient, reduce dependence on imports, promote domestic manufacturing, innovation, and a globally competitive “Make in India” mindset rather than protectionism. * Under the programme: * Investments worth ₹1.76 lakh crore have been made up to March 2025 in certain sectors. * Production/sales of over ₹16.5 lakh crore recorded in those sectors under the policy. * The government disbursed incentives of about ₹21,534 crore across 12 sectors under this initiative. * The campaign identifies five “pillars”: economy, infrastructure, technology driven systems, vibrant demography, and demand. * In manufacturing and industry: For the first half of FY24, the industrial sector’s Gross Value Added (GVA) increased by ~9.3%. * Example sectors targeted include defence manufacturing (import-reduction lists), agriculture/fertilisers (domestic production push), electronics, and others to reduce import dependence. ⚠️ Challenges & Areas of Concern * While the ambition is self-reliance, India still imports a large share of critical goods: e.g., as of 2020 nearly 90% of oil and 80% of industrial coal were imported. * Some analysts argue that self-sufficiency must not slip into protectionism; success depends on global competitiveness, not mere import substitution. * Implementation gaps: despite big announcements, on-the-ground outcomes vary across states and sectors. 🔍 Why It Matters * If India succeeds in reducing import dependence and strengthening domestic capacity, it strengthens economic sovereignty and resilience (especially in supply-chain disruptions). * It aligns with global-value-chain shifts—India could emerge as a manufacturing hub rather than a low-cost service economy. * For sectors like defence, agriculture, electronics, being self-reliant means job creation, better innovation, and lower external vulnerability. 📌 Summary * Initiative: Atmanirbhar Bharat (Self-Reliant India) * Key targets: Domestic manufacturing, reducing import dependence, boosting exports, technological self-sufficiency * Achievements: ₹1.76 lakh crore investment, ₹16.5 lakh crore production/sales in targeted sectors, industrial GVA growth ~9.3% in H1 FY24 * Challenges: Large import dependency still, need for competitiveness and effective implementation