PM Modi applauds centre-state partnership during Covid-19
ECONOMY & POLICY

PM Modi applauds centre-state partnership during Covid-19

On Tuesday, Prime Minister Narendra Modi said that the economic response to the Covid-19 pandemic was formed to guarantee that solutions do not follow a ‘one size fits all' model and affirmed that “reforms by conviction and incentives” were undertaken on the back of the centre-state bhagidari (partnership).

In a LinkedIn post, Modi said that the states' capacity to borrow money following the economic influence of the Covid-19 pandemic was helped by the reforms put in place by the Centre, such as the Atma Nirbhar Bharat package.

Modi said that states have raised an extra Rs 1.06 lakh crore in 2020-21. This notable rise in the availability of resources was made possible by the Centre-State bhagidari approach.

He further mentioned the four reforms that made up his government’s economic response to the Covid-19 pandemic.

PM Modi stated that the first reform began under the One Nation One Ration Card policy, while the second reform had the aim of "improving the efficiency of doing business".

The third reform had the objective of ensuring “sound property taxation”, and the fourth reform included “Direct Benefit Transfer (DBT) in place of free electricity supply to farmers”, he wrote.

Image Source


Also read: Covid-19 second wave: PM Modi asks nation to ‘repair and prepare’

Also read: PM Modi launches E-100 pilot project in Pune to promote bioethanol

On Tuesday, Prime Minister Narendra Modi said that the economic response to the Covid-19 pandemic was formed to guarantee that solutions do not follow a ‘one size fits all' model and affirmed that “reforms by conviction and incentives” were undertaken on the back of the centre-state bhagidari (partnership). In a LinkedIn post, Modi said that the states' capacity to borrow money following the economic influence of the Covid-19 pandemic was helped by the reforms put in place by the Centre, such as the Atma Nirbhar Bharat package. Modi said that states have raised an extra Rs 1.06 lakh crore in 2020-21. This notable rise in the availability of resources was made possible by the Centre-State bhagidari approach. He further mentioned the four reforms that made up his government’s economic response to the Covid-19 pandemic. PM Modi stated that the first reform began under the One Nation One Ration Card policy, while the second reform had the aim of improving the efficiency of doing business. The third reform had the objective of ensuring “sound property taxation”, and the fourth reform included “Direct Benefit Transfer (DBT) in place of free electricity supply to farmers”, he wrote. Image Source Also read: Covid-19 second wave: PM Modi asks nation to ‘repair and prepare’ Also read: PM Modi launches E-100 pilot project in Pune to promote bioethanol

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