As the two-month lockdown was eased, the Union government came out with an economic stimulus package of ₹20 lakh crore and initiated many reforms.
In an exclusive interview, Union Minister (of environment, forest and climate change; information and broadcasting; and heavy industries and public enterprises) Prakash Javadekar articulates the government’s position on the economic stimulus package, reforms, migration crisis, and governance. Edited excerpts:
Q/Many people say the stimulus package may not help revive demand.
A/There are two views—whether you need to address the supply side or the demand. It will create inflation if there is no proper supply. People were saying that we should give ₹7,500 to everyone. Eighty crore people were given 25kg of rice or wheat, 5kg of pulses; additionally, 10 crore people (migrants and people without ration cards) were given 10kg rice and 2kg of pulses free of cost. Twenty crore women got ₹1,500 each [₹30,000 crore total] in their Jan Dhan accounts. Eight crore families have got three gas cylinders each, free [of cost]. Three crore senior citizens got ₹1,000 each in their account. Eight crore farmers got ₹2,000 in their accounts. So, basically, the bottom 10 per cent have got more than ₹7,500.
Q/Will the prime minister’s mantra of self-reliance lead to protectionism? Make in India has had only limited success.
This story is from the {{IssueName}} edition of {{MagazineName}}.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the {{IssueName}} edition of {{MagazineName}}.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
Themes Of Choice
As Savvy Investors Seek New Avenues, Thematic Mutual Funds Are Gaining Popularity
A golden girl
One of India's most formidable beauties passed away earlier this month. The odd thing is she would absolutely hate this obituary; she hated being written about and avoided publicity for all of her nine decades. Indira Aswani was 93 when she died. But anyone who encountered her, even briefly, was in such awe of her grace and poise, and one could not but remember her forever.
The interest in wine is growing delightfully in India
The renowned British wine writer and television presenter Jancis Robinson, 74, recently came to Delhi and Mumbai to reacquaint herself with India's wine industry. This was the Robinson's fourth visit to India; the last one was seven years ago. On this trip, Robinson and her husband, restaurateur Nicholas Lander, were hosted by the Taj Hotels and Sonal Holland, India's only Master of Wine.
United in the states
Indian-Americans coming together under the Democratic umbrella could get Harris over the line in key battlegrounds
COVER DRIVE
Usage-driven motor insurance policies offer several benefits
GDP as the only measure of progress is illogical
Dasho Karma Ura, one of the world's leading happiness experts, has guided Bhutan's unique gross national happiness (GNH) project. He uses empirical data to show that money cannot buy happiness in all circumstances, rather it is family and health that have the strongest positive effect on happiness. Excerpts from an interview:
India is not a controlling big brother
Prime Minister Tshering Tobgay considers India a benevolent elder sibling as the \"big brotherly attitude\" is happily missing from bilateral ties. He thinks the relationship shared by the two countries has become a model of friendship not just for the region, but for the entire world. \"India's attitude is definitely not of a big brother who is controlling and does not allow the little brother to blossom and grow,\" says Tobgay in an exclusive interview with THE WEEK.
Comrade with no foes
Lal Salaam, Comrade Yechury-you were quite a guy!
Pinning down saffron
In her first political bout, Vinesh Phogat rides on the anti-BJP sentiment across Haryana
MAKE IN MANIPUR
Home-made rockets and weapons from across the border are escalating the conflict
