Exclusive : PM's financial package will prove to be historic, says Meghwal

In an exclusive interview with ETV Bharat, Union Minister of State for Heavy Industries and Parliamentary Affairs Minister Arjun Ram Meghwal expressed confidence that the country will soon overcome the financial crisis induced by the coronavirus. He hailed PM Modi's 20 lakh crore economic package.

Jaipur:In order to overcome the coronavirus-induced crisis, Prime Minister Narendra Modi has announced an economic package of 20 lakh crore, which gave rise to various speculations. It is in this context that Union Minister of State for Heavy Industries and Parliamentary Affairs Minister Arjun Ram Meghwal in an exclusive interview with ETV Bharatspoke elaborately on the nitty-gritties of this package.

He said that it will not take much time for the country to overcome this financial crisis and that this economic package will prove to be a historic one.

How to ease 'Make in India'

The message that Prime Minister Narendra Modi gave to the nation on 12th May 2020 was historic. The self-reliant India he talked about is a big dream and it is in this context that a package of Rs. 20 lakh crore has been announced. In this package, every sector is aimed to be made self-sufficient.

It won't take long for us to get back on track

Countries around the world are facing a crisis, and it will not take much time to get back on track because of the power that our country possesses.

The Prime Minister has also given the ‘One District One Product’ slogan to promote the MSME sector.

Promote the bicycle industry

Meghwal said that we should get cycle tracks constructed in our cities. He said that we must promote cycling, including e-cycling, thereby giving a boost to the cycle industry.

Liquidity in every sector

Regarding bad loans, Meghwal said that NPA rules have been changed and the banks have been asked to give away money. With the decision to provide liquidity in every sector, the industry will grow rapidly. The tourism sector will also grow.

Will develop the pharma industry rapidly

The Union Minister said that in times of coronavirus outbreak, India has supplied medicines to countries across the world, and is being appreciated for the same, but there is still a lot of scope.

Regarding the medicines imported from other countries, Meghwal said that the government is working to develop the pharma industry.

African countries expect medical supplies from India, so do South-Asian countries.

Meghwal said, "I would like to say that the government will work in this field and will make quick progress."

Congress split into two groups on Modi government's package

Arjun Ram Meghwal said that the Congress is now beginning to think that the economic package announced is a popular one, which is why they are criticising it to change public opinion against it.

Meghwal said, there are two factions in the Congress after the PM announced the relief package. While one is criticising, the other is not.