Atmanirbhar Bharat 3.0 helps stressed sectors at operational level

Sector-based approach of the 12 announcements made by the Finance Minister would provide succour

Atmanirbhar Bharat 3.0, the third set of measures for reviving the economy announced by the Finance Minister (FM) on Thursday, are fairly effective announcements that addressed some issues needing attention, while others are more for the medium-term. The sector-based approach that comes under the 12 announcements would provide succour to the industries facing problems more at the operational level, which is critical. Let us look at some of the major growth boosting measures.

The focus has been on job creation. Providing incentives to EPFO-registered establishments to hire more people at the lower cadres, where the income has to be less