Moneycontrol PRO
you are here: HomeNewsIndia

Coronavirus outbreak: PM Modi urges Indians to be 'vocal for local' to make nation self-reliant

Making a pitch to strengthen local businesses, PM Modi said that the present situation has taught us that we must make “local” the mantra of our lives.

May 12, 2020 / 10:06 PM IST

In his fifth address to the nation since the coronavirus outbreak in India, Prime Minister Narendra Modi emphasised on the need to become more self-reliant and strengthen local businesses.

In the unprecedented and unimaginable crisis that the world is facing due to the COVID-19 pandemic, becoming self-reliant will be the only way forward, the Prime Minister said.

He also reminded all Indians that since the imposition of the coronavirus-induced lockdown, it has been local markets and local supply chains that have come to the rescue of the nation.

Moving on to make a pitch for strengthening local businesses, PM Modi said that the present situation has taught us that we must make “local” the mantra of our lives.

He pointed out that “local” should no longer be our necessity, it should become our “ responsibility too” and we should start supporting local businesses by purchasing from them.

COVID-19 Vaccine

Frequently Asked Questions

View more
How does a vaccine work?

A vaccine works by mimicking a natural infection. A vaccine not only induces immune response to protect people from any future COVID-19 infection, but also helps quickly build herd immunity to put an end to the pandemic. Herd immunity occurs when a sufficient percentage of a population becomes immune to a disease, making the spread of disease from person to person unlikely. The good news is that SARS-CoV-2 virus has been fairly stable, which increases the viability of a vaccine.

How many types of vaccines are there?

There are broadly four types of vaccine — one, a vaccine based on the whole virus (this could be either inactivated, or an attenuated [weakened] virus vaccine); two, a non-replicating viral vector vaccine that uses a benign virus as vector that carries the antigen of SARS-CoV; three, nucleic-acid vaccines that have genetic material like DNA and RNA of antigens like spike protein given to a person, helping human cells decode genetic material and produce the vaccine; and four, protein subunit vaccine wherein the recombinant proteins of SARS-COV-2 along with an adjuvant (booster) is given as a vaccine.

What does it take to develop a vaccine of this kind?

Vaccine development is a long, complex process. Unlike drugs that are given to people with a diseased, vaccines are given to healthy people and also vulnerable sections such as children, pregnant women and the elderly. So rigorous tests are compulsory. History says that the fastest time it took to develop a vaccine is five years, but it usually takes double or sometimes triple that time.

View more
Show

PM Modi further highlighted how several renowned global brands also started off as small local businesses at one point of time, and could only grow in scale when people came out and supported them, not just by purchasing more from them, but by endorsing their products too.
Therefore, he said, starting now, all Indians must also become “vocal for the local” by buying from them and promoting them.

Moneycontrol News
first published: May 12, 2020 09:24 pm