Prime Minister Narendra Modi addressed the nation at 8 pm on Tuesday (May 12), a day after he interacted with chief ministers on ways to deal with the spread of coronavirus and also boost economic activity.
This is be the prime minister’s fifth address to the nation, including a video message, following the outbreak of COVID-19.
A day after his six-hour meeting with all Chief Minister’s, when the nationwide coronavirus lockdown is due to end. This is his third such address since he announced the lockdown in late March to slow the spread of the highly infectious COVID-19.
The Prime Minister announced “Lockdown 4” after May 17, which would be completely different, with new rules.
He also announced a Rs 20 lakh crore economic package for what he called “Mission Self-Reliant India” to tide over the coronavirus crisis.
Prime Minister Narendra Modi has announced a special economic package, and said the recent decisions by the government, the decisions by the RBI combined with the May 12 financial package announcement come to about ₹20-lakh-crore — nearly 10% of India’s GDP.
There is unprecedented crisis but India will neither get tired nor give up the fight against coronavirus, and asserted that “we have to protect ourselves and move ahead as well“.
Special economic package is for our labourers, farmers, honest tax payers, MSMEs and cottage industry, the Prime Minister said in a televised address to the nation. India is standing on five pillars — economy, infrastructure, governing systems, vibrant democracy and supply chain, he said.