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How growth and equity get a boost in Finance Minister's economic stimulus package

FM Nirmala Sitharaman’s first tranche of announcements of the fiscal stimulus for economic recovery closely follows PM Modi's vision of making the economy self-reliant.

While Finance Minister Nirmala Sitharaman’s first tranche of announcements of the fiscal stimulus for economic recovery on Wednesday has been subjected to both criticism and accolade, PM Modi’s vision with the allocation of Rs 20 lakh crore needs a broader understanding. The grand vision is meant to serve two objectives: to restart an economy that has come to a halt, and to make the economy self-reliant. 

Self-reliance mantra

While the first objective is an obvious choice to pursue to move out of the dungeons of a languishing locked-down economy, eyebrows may be

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