Thursday, 7 September 2017

3 years of Narendra Modi led NDA Government in India

On 26 May 214, the Narendra Modi led NDA secured a historic win in the general Loksabha elections across the country winning 282 out of 543 seats. This victory was not only the biggest victory of any party since 1984 but also first time in the history of independent India that a non-congress party had won the elections with such a whopping majority. Narendra Modi, addressing the huge gathering in Vadodara on the same day said that the country will never get a better “mazdoor” (laborer) than him. Keeping true to his word, Prime Minister Narendra Modi, a true visionary has been on the move in the last three years. He has worked diligently not only like a true leader but also as a corporate officer.

Prime Minister Narendra Modi, with his progressive activities and the slogan of Acche Din has always stated that economic prosperity in India lies in entrepreneurship and large businesses. Taking this as a war cry, the NDA government has initiated some radical and courageous initiatives which are planned to address some of the major problems of the country. With their apt governance and dedication, some of the initiatives have already started to show results which has led to national development. Not wanting to just stop here, the Modi government is striving every day to ensure that the promises they have made are fulfilled which will lead the country to a bright and happy future.

1. Reviving the economy.

When Modi government came to power in 2014, the Indian economy was lying at the bottom of the pit due to policy paralysis. Reviving the economy was high on the agenda for the government. Just within the couple of months of coming power, Modi government introduced simplification of rules and procedures as the guiding principle of his government to bring about economic reforms. Along with finance minister Arun Jaitley, he has streamlined and transformed the annual budget into a simple process. The railway budget has been merged into union budget. The date of budget presentation is changed from 28 Feb to 1 Feb. The third major change was doing away with the artificial distinction between planned and non-planned expenditure of the government. All this changes have simplified the budgeting process which is saving a lot of time.

2. Improving the business opportunities

In the first year itself, Modi government said that ease of doing business in the country was one of the prime objectives of his government. He launched the Make in India initiative which is aimed at helping young entrepreneurs and startup businesses to expand and grow. Further, the Modi government scrapped the Foreign Investment Promotion Board (FIPB), which was held responsible by many observers of the Indian economy as the single biggest bottleneck in the way of FDI. The government also started e-filing of income tax returns which has established a major transparency in the process and also helped in businesses in the country. Union Minister Nirmala Sitaraman recently said that over '7,000 steps' were taken by the Modi government to improve the ease of doing business in the last three years.

3. Working for the poor:

In the three years of power, the NDA government has kick started multiple initiatives which aim at helping the poor. The first major step came in the form of Pradhan Mantri Jan Dhan Yojana. According to a recent report, more than seven out of every 10 bank accounts opened under this scheme are seeing transactions. Total deposits in these accounts now stand at Rs.33,704.89 crore, more than twice the amount (Rs.15,670 crore) at the beginning of the financial year. The government also launched Rs 8,000 crore scheme to provide 5 crore free LPG connections to poor families. Other schemes like Mukhyamantri Amrutam Maa Vatsalya Yojana, Assistance to cooperative milk producing women groups to build 'dudh ghar', Aid for milch cattle and equipment’s to tribal women, etc are helping poor to improve their business and raise income. 

4. Increase in GDP.

In May 2014, under the Manmohan Singh government, the GDP growth was 4.7 percent. But just within one year of Modi government, the GDP growth changed to 7. It has retained the trend in the last three years and it is estimated that after the GST implementation, it might cross 8. After the demonetization move by the government, many claimed that the GDP rate will come down and inflation will grow. But the recent figures say that the GPD has maintained its rate of 7.1 percent and the inflation is also under control. Around 3.5 lakh jobs were created in the year 2016 alone and the rate is on the rise as newer and better initiatives are implemented by the government.

5. National security

Nearly 10 days after the Uri attack that claimed 18 jawans, India carried out surgical strikes in Pakistan Occupied Kashmir in Sep 2016, inflicting heavy casualties on terrorists and 'those protecting them" and indicating a change of stand on the rules of engagement on the disputed line of control. Taking advice from courageous and highly intelligent officers like Ajit Doval as the national security adviser, the Modi government has maintained a no compromise attitude when it comes to national security and dealing with arch rivals Pakistan. Encounter of Burhan Wani and the likes has also led to high level of trust within the citizens of the country.

6. Leading by example

Since the day Prime Minister Narendra Modi formed his ministry, one thing has come up again and again is his personal dedication and punctuality to his work. Even his ministers have been known to report on time and work obediently and adhere to timings. Recently, the government has scrapped the use of “red light” on the minister’s vehicles bringing them on equal footing with other people. Also, the schemes like Swatch Bharat Yojna etc are making the leaders one of the masses. Sharing updates on social media directly communicating with the public instead of depending on the media and also programs like Mann Ki Baat on All Indi Radio are signs that this Government is different and wants the development and prosperity of the country as much as the public.