Page 28 - NIS English 01-15 May,2023

Nation Self-reliant India: 3 years of success

in fiscal year 2022-23 was Rs 18.10 lakh crore, Rs 5 lakh crore credit line scheme for MSMEs
which is 22% higher than in fiscal year 2021-22. Under the Atmanirbhar Bharat initiative, the
In March 2023, the GST collection was Rs 1.60 government has taken several steps to encourage
lakh crore, the second highest ever. More than
that occurred in April 2022. MSMEs, including a Rs 5 lakh crore contingency
credit line scheme, an equity infusion of Rs 50,000
crore through Atmanirbhar Bharat Nidhi, and a ban
A step towards self-reliance in helicopter
on global tender for procurement up to Rs 200
manufacturing
crore. In addition, for ease of doing business, the
Prime Minister Narendra Modi dedicated Champions' online portal for enterprise registration,
Asia's largest helicopter factory to the nation grievance redressal, and cooperation was launched
in Tumkuru, Karnataka, in February 2023, after in June 2020.
the foundation stone was laid in 2016. It is a
completely new greenfield helicopter factory. This Railway's security system 'Kavach' under
facility will allow India to meet all of its helicopter self-reliant India
requirements in-house, making the country self- In collaboration with three Indian institutions, Indian
sufficient in helicopter design, development, and Railways developed the 'Kavach' Automatic Train
manufacturing. Protection (ATP) system. Under the Atmanirbhar
Bharat vision, Kavach has been adopted as the
PMI at a three-month high National Automated Vehicle Security System.
The country's economy is performing better than Only Rs 22 crore has been spent on Kavach
expected; improvements are visible in every development. So far, 1455 kilometres have been
sector. The S&P Global India Manufacturing covered under 'Kavach'. The work to extend it in the
Purchasing Managers' Index (PMI) rose to a three- 3,000-kilometer radius is currently underway.
month high of 56.4 in March 2023. A PMI above
50 is an indicator of expansion in production. India has the world's second largest steel
industry
With the efforts of the Government of India over
the last 8-9 years, the Indian steel industry has
The 'Vande Bharat Train' is a shining example of grown to become the world's second largest
self-reliance in India. In April, two new Vande Bharat steel industry. Through PLI, the government has
Express trains from Chennai to Coimbatore and prepared new avenues for its expansion, which
from Jaipur to Delhi Cantt joined the twelve existing
has strengthened the self-reliance India campaign.
Vande Bharat Express trains that had already been
Previously, India was reliant on other countries for
in operation. This train represents India, which is
steel used in aircraft carriers. The INS Vikrant is
undergoing rapid change. Which is a step towards
now made of indigenous steel.
self-reliance and a break from the slave mentality.
26 New India Samachar May 1-15, 2023