Self-Reliant India: As an Independent Global Economy – Sept 2025

Author: Kadam J.L.*
Assistant Professor,
B.Y.K. College of Commerce, Nashik.

Abstract:

The Self-Reliant India mission, or Atmanirbhar Bharat Abhiyan, is a vision to make India a stronger and more independent global economy. Announced by Prime Minister Narendra Modi in 2020 during the COVID-19 pandemic, this initiative focuses on enhancing domestic production, reducing reliance on imports, and boosting the nation’s economic resilience. In May 2020, Prime Minister, Mr. Narendra Modi launched the Self-reliant India (Atmanirbhar Bharat Abhiyan) mission to promote Indian goods in the global supply chain markets and help the country achieve self-reliance. The mission was announced amid the pandemic when the government allocated funds worth Rs. 20 lakh crore (US$ 268.74 billion), which amounts to 10% of India’s GDP, as a stimulus package to help recover the economy by promoting incentives for domestic production. It encompasses themes such as ‘local for global’, ‘made for world’ and ’vocal for local’.

Keywords: Meaning, achievements and schemes.

DOI: 10.65282/sjrl.vo.1.issue.02.013