Aatma Nirvar Bharat As A Pump Priming During Covid-19 in India

Abstract

At present all over world is fighting with pandemic covid-19. December ,2019 was very gloomy time in which that virus was awaked in Wuhan city of China. Indian economy faces crisis in several sector due to lockdown and shutdown. Fastest economy is to be turned into slowest economy in advent of twenty first century. Government of India announced fiscal package of 20 lakh crore i.e. Aatma Nirvar Bharat, which will act as pump priming amid of depression. The package contains 10 percent total GDP of Indian economy, which can boost the economy with well balanced growth to several sectors. This paper aims to look into the allocation of funds to several sectors by the package of Aatma Nirvar Bharat and to study the economic impact of covid-19 to several sectors. It is found out that a well-balanced allocation of funds and root meaning of Aatma Nirvar can accelerate the economy to outbreak the recession.