Objective:

• Self-Reliance: Enhance domestic production capabilities, reduce dependence on imports, and boost economic self-sufficiency.

Benefits:

• Economic Growth: Stimulates growth by supporting various sectors.

• Job Creation: Provides incentives to create and sustain employment.

• Infrastructure: Improves critical infrastructure like roads, ports, and digital networks.

• Support for Sectors: Aids MSMEs, start-ups, and farmers with financial and policy support.

Eligibility:

• MSMEs: Micro, small, and medium enterprises.

• Farmers: Based on land size and needs.

• Businesses: Specific sectors including manufacturing and technology.

• Individuals: Entrepreneurs and job seekers.

Implementation:

• Government Agencies: Managed by central and state governments.

• Public-Private Partnerships: Collaborations to ensure effective execution.

• Digital Platforms: Online registration and monitoring systems.

Funding and Administration

• Central Government: Main source of funding through budget allocations and stimulus packages.

• State Governments: Additional support and resources.

• Administration: Oversee by various ministries and departments.

Scheme Components

• Economic Stimulus: Financial support and credit guarantees.

• Support for MSMEs: Collateral-free loans, subsidies, and regulatory ease.

• Atmanirbhar Bharat Rozgar Yojana (ABRY): Incentives for job creation.

• Production-Linked Incentives (PLI): Rewards for increasing production in key sectors.

• National Infrastructure Pipeline (NIP): Investments in infrastructure projects.

Impact:

• Economic Resilience: Better ability to handle economic shocks.

• Employment: Increased job opportunities and support for businesses.

• Domestic Production: Reduced reliance on imports and improved competitiveness.

• Infrastructure: Enhanced economic support through better infrastructure.