New Delhi, May 12, 2020: Prime Minister Narendra on Tuesday announced Rs 20 lakh crore special economic package for the country to be 'self-reliant' and deal with COVID-19.
"I announce a special economic package today. This will play an important role in the 'Atmanirbhar Bharat Abhiyan.' The announcements made by the government over COVID, decisions of RBI and today's package totals to Rs 20 lakh crore. This is 10 per cent of India's GDP," said Prime Minister Modi in his address to the nation. The Prime Minister said that humanity would not accept defeat from the coronavirus but the people have to stay safe and move forward.
"We had never seen or heard about such a crisis ever before. This is definitely unimaginable for mankind. It is unprecedented. But humanity will not accept defeat from this virus. We have to not only protect ourselves but also move forward," he said.
Talking about the gravity of the virus, Modi said: "It has been four months the world is fighting COVID-19. More than 42 lakh people from different countries have been infected by COVID-19. More than 2.75 lakh people have lost their lives due to the virus. In India too many families have lost their dear ones, I express my condolences to them."
"Today when the entire world is in crisis, we will have to further firm our resolve," he added.
"Scientists say that COVID-19 will be a part of our lives for a very long time. But we can't let our lives remain confined around COVID-19. We will wear masks and maintain social distancing but we will not let it affect us. So, lockdown four will be in a new form with new rules," Prime Minister Modi said.
"Based on the suggestions by States, information related to lockdown four will be given to you before May 18. We will fight COVID-19. We will move forward," he added.
The Prime Minister on Monday held a video conference meeting with Chief Ministers of all states to discuss the road ahead in India's fight against COVID-19 and noted that he was of the firm view that measures needed during the third phase of lockdown will not be needed in the fourth phase.
The phase three of the lockdown is coming to an end on May 17.
To watch Modi's address, click the following link:
https://www.facebook.com/BabushahiDotCom/videos/536173703715713/