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Press releaseArchiveTuesday, 12 May 2020

Atmanirbhar Bharat Abhiyan (Self-Reliant India) Economic Package

Cite this
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Official press release — a government communication announcing decisions, milestones, or initiatives. Signals intent and often precedes formal notification or legislative action.
Summary
Rs 20 lakh crore (approximately 10% of GDP) comprehensive economic stimulus package announced during COVID-19 pandemic. Covered MSMEs, farmers, migrant workers, and structural reforms across agriculture, coal, defence, and space sectors.
Key Facts
TypePress release
SourceHistorical Record
PublishedTuesday, 12 May 2020
Affected Population1.4 billion citizens, 63 million MSMEs
Key Numbers
GDP: $3.9 trillion (2025 est.)
Fiscal deficit target: 4.4% of GDP
GST collection: Rs 1.87 lakh crore/month avg
Merchandise exports: $437 billion (2024-25)
Key Authorities
Ministry of FinanceRBISEBIDEAMinistry of Commerce & Industry
Key Stakeholders
TaxpayersBanks & NBFCsInvestorsExportersImportersMSMEs
Government Context
NDA IIBJP-led NDA
Right
LeftCentreRight
Amendment History
3 changes recorded for this policy.
TypeThursday, 9 July 2026via historical
scheme
announcement
TypeSunday, 19 July 2026via historical
policy
release
SectorsTuesday, 11 August 2026via historical
Agriculture, Defence & Security, Finance & Economy
Finance & Economy, Trade & Commerce
Explore Sectors
Finance & Economy671 tracked→Trade & Commerce146 tracked→
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