The Atmanirbhar Bharat Scheme announced by the Government helps in:

Question

The Atmanirbhar Bharat Scheme announced by the Government helps in:

1) Enhancing India's manufacturing capabilities and exports across the industries

2) Incentivizing foreign investments for domestic production

Out of these:

1. A. 1 is correct
2. B. 2 is correct
3. C. Both 1 and 2 are correct (Correct answer)
4. D. Neither 1 nor 2 is correct

Correct Answer

Option C — Both 1 and 2 are correct

Detailed Solution & Explanation

The correct answer is Both 1 and 2 are correct.

Key Points

• Both statements correctly describe the aims of the Atmanirbhar Bharat Abhiyan: it seeks to enhance India's manufacturing capability and exports across industries, and to incentivise foreign investment for domestic production.
• Launched in May 2020 in response to the COVID-19 pandemic, the Atmanirbhar Bharat (Self-Reliant India) package was worth about ₹20 lakh crore, roughly 10% of India's GDP.
• It rests on five pillars: economy, infrastructure, system, vibrant demography and demand.
• Its most significant industrial component is the Production Linked Incentive (PLI) scheme, which offers incentives on incremental sales for sectors including electronics, pharmaceuticals, automobiles, textiles and solar modules.
• Importantly, self-reliance here means integration with global supply chains on stronger terms, not protectionist isolation.

Exam Tip

• remember the five pillars and at least four PLI sectors.

प्रश्न (हिन्दी में)

सरकार द्वारा घोषित आत्म निर्भर भारत योजना सहयोग करती है:

1) भारत की निर्माण क्षमता वृद्धि तथा उद्योगों से निर्यात में

2) घरेलू उत्पादन में विदेशी निवेश को प्रोत्साहित करने में

इनमें से:

1. A. 1 सही है
2. B. 2 सही है
3. C. 1 और 2 दोनों सही हैं
4. D. न तो 1 सही है और न ही 2 सही है