Modi's self-reliant India is based on the overriding concept of "Vocal for Local", without of course, undermining the need for foreign capital, where required, in calibrated doses. Consumers got an annual benefit of Rs 1 lakh crore due to GST in 2018-19. June 2020, replicated the success story of previous months, with 134 crore of UPI transactions, totalling a whopping Rs 2.62 lakh crore. Modinomics, among other things, has been very gender-sensitive too, with over Rs 4.78 lakh crore worth of loans given to women borrowers alone, under the MUDRA scheme. However, under Modi, India has managed this conflict seamlessly.

Source: dna July 14, 2020 11:17 UTC