"Need Economy That Brings Quantum Jump": PM's Top Quotes

PM Modi's address: He announced a financial package to help the MSME sector (File)

Prime Minister Narendra Modi addressed the nation on Tuesday, and said the coronavirus pandemic is an opportunity for India to be self-reliant. He said the country has the capability and talent to manufacture world class products. He said the country needs an economy that brings quantum jump, not incremental change. He also announced a financial package to help the MSME sector.

Top quotes of PM Modi's Address To The Nation:

• From today, we have to be 'vocal' for 'local'. Not only we have to buy local products, but we also have to promote them. I have full confidence that our country can do this.
• The fourth phase of the lockdown, Lockdown 4, will have new rules. We are getting suggestions from states. Information regarding the lockdown will be given to you before May 18.
• I am announcing a special financial package. This will act as a vital link for our self-reliant India campaign. If we add this package to RBI's announcements, the government's announcement, the total comes to nearly Rs 20 lakh crore, which is nearly 10 per cent of India's GDP.
• To make India self-reliant, this package has emphasized on land, labour, liquidity and laws. This package is for our cottage industries, our small-scale industries, our MSME sectors, which give employment to crores of people, which are the foundation of our resolve to make India self-reliant.
• The structure of making India self-reliant stands on five pillars. First pillar is Economy: we have to bring an economy that doesn't bring incremental change, but quantum jump. Second pillar is Infrastructure: we need an infrastructure which can become the identity of modern India.
• Third pillar is our system: A system that doesn't follow norms of the previous century. It should be able to fulfill our 21st-century dreams. It should be technology driven. Fourth pillar is Vibrant Democracy: It is our strength; it is the source of energy for our dream to make India self-reliant. Fifth is demand: The demand-supply chain is our power; we should use it to its full potential.
• The world now believes India can greatly contribute to the welfare of humanity. The question is how? The answer to that question is: the resolve of 130 crore Indians to make India self-reliant. We have the resources, the capability, world's best talent. We will make best products, improve our supply chain and make it modern, we can do it, and we will do it.
• India as a country is at an important stage. Such a big calamity has given an indication, a message, an opportunity. When coronavirus problem began, India was not producing PPE kits. N-95 mask production was very low. Now, the country is producing 2 lakh PPE kits, 2 lakh N-95 masks daily.
• One virus has completely destroyed the world. The entire world is engaged in a war to save lives. We have never seen such a problem, nor heard about it. This crisis is unprecedented.
• To get tired, to lose, to break under adversity, is not acceptable to humanity. We have to save ourselves and move ahead by following all the rules of such a war.