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All You Need to Know About Aatmanirbhar Bharat and Solar Energy

All You Need to Know About Aatmanirbhar Bharat and Solar Energy!

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Atmanirbhar Bharat Abhiyan

On May 12, 2020, the Indian Prime Minister, Shri. Narendra Modi, announced a special economic package worth Rs.20 lakh crore, which is about 10% of India’s GDP. This is part of the “Atmanirbhar Bharat Abhiyan” (Atmanirbhar Bharat Mission). This year, the government came up with a special economic package that would help India become more self-sufficient in the face of fierce global competition in the supply chain. It would also help the workers, the poor, and migrants who had been particularly hard hit by the COVID-19 pandemic.

As a result, Finance Minister Smt. Nirmala Sitharaman held five news conferences that were broadcast live on TV to explain the Atmanirbhar Bharat Abhiyan’s plans. These measures are sent to different sectors and places in order to help everyone who has been affected by the epidemic. The Atmanirbhar Bharat Abhiyan’s five pillars were taken into account when the measures were put in place. These five pillars are the foundation for making India self-sufficient.

The Five Pillars of this Mission

The Atmanirbhar Bharat Abhiyan is made up of five main parts:

  • Economy– Rather than making small progress, this changes the way we think about the economy.
  • Infrastructure has the power to be the face of the modern Indian world.
  • System – A system that isn’t based on previous policy decisions. It is driven by technology and isn’t based on what people have done before.
  • Demography– As a source of strength, Indian demography is the real important pillar for the country.
  • Demand– Economic demand and supply chains are a source of strength that must be used to the fullest in order to be as efficient as possible in the world.

In the Atmanirbhar Bharat Abhiyan, there have been a lot of steps put in place to help the country. Among them are some of the steps the government is taking as part of the Atmanirbhar Bharat Abhiyan.

Micro, small, and medium-sized businesses (MSME) new Reforms

  1. Banking and non-banking financial companies (NBFCs) can guarantee up to 20% of the total amount of credit that a business or a small or medium-sized business will have at the end of 2020. This is called the Emergency Credit Line Guarantee Scheme (ECLGS).
  2. Stressed small and medium-sized businesses (SMEs) worth Rs.20,000 crore will get help with their debts.
  3. Small and medium-sized businesses (SMEs) that are making money but need help because of the pandemic will get money from a Funds. This money will come in the form of equity.
  4. It has been changed so that the definition of a small and medium-sized business (SME) now has higher upper limits on turnover and investments in plant machinery and equipment. In this case, the new definition separates MSMEs based on things like investment and annual turnover, which are important in both the manufacturing and service sectors.
  5. There will be a ban on government procurement contracts for global tenders of up to Rs.200 crore. This is to protect small and medium-sized businesses (SMEs) from foreign firm competition.

Agriculture, Fisheries, and Food Processing industries new Reforms

  • One million crore would come from the Agri Infrastructure Fund to improve farm-gate infrastructure.
  • MFEs are being formalised as part of a Rs. 10,000 crore project to make them more official.
  • The Pradhan Mantri Matsya Sampada Yojana, which is worth Rs. 20,000 crore, is meant to help fishermen.
  • Animal Husbandry Infrastructure Development Fund: This fund was set up to encourage private investment in dairy processing, cattle feed infrastructure, and value addition. It had a Rs.15,000 crore budget.
  • An investment of Rs. 4,000 crore will be used to help people grow herbs.

Solar Energy

Because the Sun is the most important star in the Solar System, it gives us light and heat. It has made life possible for millions of years, and it will keep doing so for a long time to come as well. It’s going to be a big part of the world’s energy future in the next few decades. Solar energy is clean and renewable.

Renewable energy is a long-term way to cut down on the carbon dioxide emissions humans make. There are many ways to get energy from the air, water, and the sun. This is a big step toward lessening the use of harmful and non-biodegradable wastes. Solar energy is a renewable source of energy that comes from the sun.All of the sunlight in the world comes from the sun.

Solar energy: What is it and how does it work?

Solar energy is the energy that comes from the sun’s rays, which make light all day. To figure out what solar energy is, all you have to do is look at the sun. Each photon of sunlight that reaches the Earth’s surface, also known as a photon of sunshine, has energy that is used to keep our world alive.

Solar energy, which is the most common source of energy on Earth, is a big part of the reason we have weather systems and energy sources here today. Every hour, enough solar radiation reaches the Earth’s surface to meet our global energy needs for almost a whole year. One of the things that makes solar energy different from other types of energy is that it can be used and stored through solar or photovoltaic collectors.

Because it is a renewable resource, it is thought to be one of the best. If you want to do your part for the environment, this is a good choice because it doesn’t waste anything and doesn’t make any greenhouse gases. It does, however, have both good and bad things about it. Look at how much sunlight each region gets, and how that affects how much damage it does. This is because the planet’s location affects how much sunlight it gets. In some parts of the world, the sun doesn’t rise in the same way as in other parts it does.