30 significant impact policies of Narendra Modi @ #4YrsofModi

22/05/2018

Narendra Modi is loved or hated, depending on whether you’ve been caught with your pants down or you are a beneficiary of huge changes Modi has achieved in just 4 years. 

modi

Most people don’t bother to look at the macro picture. Instead, the narrowminded, communal “sickularists” try, with able assistance from TRP chasing Media, of pinning failures of State responsibilities on Modi. The failure of law and order in selected states is clearly engineered by sickularists. Law and Order is a state subject, but they’ll hold Modi personally responsible, all for stopping Modi’s reforms since it hits them really hard.

Be that as it may, let’s look at the top changes Modi has brought about, with as much balance as is possible in a super charged political atmosphere.

30 Policies that define #ModiAt4

1 JanDhanYojana

JanDhanYojana is a bridge for the poor to access modern finance. As never before possible.

2 Arbitration Amendment

The Amendment is intended to facilitate achieving the goal of improving institutional arbitration by establishing an independent body to lay down standards, make arbitration process more party friendly, cost-effective and ensure timely disposal of arbitration cases.

3 Hydrocarbons Policy

The new policy will open up 2.8 million square kilometres of sedimentary basins for exploration and eventual production. Mr Pradhan said that initially the applications and related bids for the blocks would be held twice a year —in January and July — but said this could become more frequent as the industry becomes used to the new model.

4 Aadhaar

A UPA invention that they almost abandoned, Aadhaar has been strengthened and institutionalised as India’s most credible identity proof. It has the potential to become one of India’s major soft power exports.

5 Bankruptcy Code

The Insolvency and Bankruptcy Code, 2016 (IBC) is the bankruptcy law of India which seeks to consolidate the existing framework by creating a single law for insolvency and bankruptcy. The Insolvency and Bankruptcy Code, 2015 was introduced in Lok Sabha in December 2015. It was passed by Lok Sabha on 5 May 2016. The Code received the assent of the President of India on 28 May 2016. Certain provisions of the Act have come into force from 5 August and 19 August 2016. The bankruptcy code is a one-stop solution for resolving insolvencies which at present is a long process and does not offer an economically viable arrangement. A strong insolvency framework where the cost and the time incurred is minimised in attaining liquidation has been long overdue in India. The code will be able to protect the interests of small investors and make the process of doing business a less cumbersome process. It is already bearing fruit.

6 Benami Amendment

The Act defines benami transactions and also provides imprisonment up to seven years and fine for violation of the Act. The official notification says, ‘The PBPT Act prohibits recovery of the property held benami from benamidar by the real owner. Properties held benami are liable for confiscation by the government without payment of compensation. Details here.

7 Demonetisation

Modi’s most controversial policy. The costs imposed by the currency-scrapping exercise were, however, quite severe, at least in the short term, disrupting ordinary life across the country for several weeks. The hardest-hit were those in rural areas, where access to banking and the internet are quite low. An opinion here.

8 RERA

Under the Real Estate Regulation and Development Act (RERA), presales or sale of housing units without first securing all the required approvals has been strictly prohibited.

9 GST

Amidst economic crisis across the globe, India has posted a beacon of hope with ambitious growth targets, supported by a bunch of strategic undertakings such as the Make in India and Digital India campaigns. The Goods and Services Tax (GST) is another such undertaking that is expected to provide the much-needed stimulant for economic growth in India by transforming the existing base of indirect taxation towards the free flow of goods and services. GST is also expected to eliminate the cascading effect of taxes. India is projected to play an important role in the world economy in the years to come. The expectation of GST being introduced is high not only within the country but also within neighbouring countries and developed economies of the world.

10.  Strong foreign policy, look east policy.

Narendra Modi’s big foreign policy win: Selling India like nobody’s business

11. Ayushman Bharat.

12. Empowerment over entitlement.

13. Corruption free governance , at top level.

14. Sagarmala project, road and railway revamp.

Sagar Mala project is a strategic and customer-oriented ₹8 trillion (US$120 billion or €100 billion) investment initiative of the Government of India entailing setting up of 6+ mega ports, modernization of several dozen more ports, development of 14+ Coastal Economic Zones and at least 29 Coastal Economic Units, development of mines, industrial corridors, rail, road and airport linkages with these water ports, resulting in US$110 billion export revenue growth, generation of 150,000 direct jobs and several times more indirect jobs. It aims to modernize India’s Ports so that port-led development can be augmented and coastlines can be developed to contribute to India’s growth. It also aims for “transforming the existing Ports into modern world-class Ports and integrate the development of the Ports, the Industrial clusters and hinterland and efficient evacuation systems through road, rail, inland and coastal waterways resulting in Ports becoming the drivers of economic activity in coastal areas.

15. Digital India: E-Governance: e-auction of mines, natural resource

16. Urea Neem coating. 100% stoppage of subsided leak to industry.

PM Modi government’s mandatory coating policy brings down the sale of fertilisers, despite record farm production. Magic of Neem coating of Fertiliser Urea

17. Jan Aushadhi – Promotion of Generic Medicines

Pradhan Mantri Bhartiya Jan Aushadhi PariYojana Kendra (PMBJPK) is a campaign launched by the Department of Pharmaceuticals, Govt. Of India, to provide quality medicines at affordable prices to the masses through special kendras known as Pradhan Mantri Bhartiya Jan Aushadhi Kendra. Pradhan Mantri Bhartiya Jan Aushadhi Pariyojana Kendra (PMBJPK) has been set up to provide generic drugs, which are available at lesser prices but are equivalent in quality and efficacy as expensive branded drugs. BPPI (Bureau of Pharma Public Sector Undertakings of India) has been established under the Department of Pharmaceuticals, Govt. of India, with the support of all the CPSUs for co-coordinating procurement, supply and marketing of generic drugs through Pradhan Mantri Bhartiya Jan Aushadhi Kendra.

18. Health Insurance plans for the poor.

The National Health Protection Scheme, dubbed “Modicare” and announced in Thursday’s budget, would provide 10 crore families, or about 50 crore poor people, with a health cover of Rs 5 lakh ($7,850) for free treatment of serious ailments. The government has estimated the premium for insuring each family would be about Rs 1,100 ($17.15), said the government official with direct knowledge of the matter.

19. Crop Insurance. Farmer safety net. Objectives:

  1. To provide insurance coverage and financial support to the farmers in the event of failure of any of the notified crop as a result of natural calamities, pests & diseases.
  2. To stabilise the income of farmers to ensure their continuance in farming.
  3. To encourage farmers to adopt innovative and modern agricultural practices.
  4. To ensure the flow of credit to the agriculture sector.

20. UDAN – Connecting tier 2, 3 cities.

UDAN-RCS, UDAN (Ude Desh ka Aam Naagrik) is a regional airport development and “Regional Connectivity Scheme” (RCS) of Government of India, with the objective of “Let the common citizen of the country fly”, aimed at making air travel affordable and widespread, to boost inclusive national economic development, job growth and air transport infrastructure development of all regions and states of India. At the beginning of the scheme, out of total 486 airports, 406 were participating unserved airports, 27 well served airports out of 62 non-RCS airports and 12 operational out of 18 participating underserved regional operational airports (Nov 2016) with regular fixed-wing scheduled flights. The scheme will add to this number by expediting the development and operationalisation of India’s potential-target of nearly 425 unserved, underserved and mostly underdeveloped regional airports with regularly scheduled flights.

21. OROP implemented after 4 decades!

No one did anything for OROP for 43 years but only talked about it. OROP is an issue of 43 years. All others who are talking (on OROP) are only talking and they have been talking for 43 years. It is not a demand of last year… This government has fulfilled it.

22. Prevented leakages of gas LPG subsidiary

Savings due to Direct Benefit Transfer (DBT) over the last three years have touched Rs 50,000 cr as on December 31, 2016, as per latest government figures. This amount is equivalent to the subsidy paid out under DBT in this financial year, implying nearly a year’s subsidy was saved.

The savings figure is expected to significantly rise further in the next financial year as the government will be bringing a total of 533 central payout schemes in 64 ministries under the DBT mechanism.

23. Getting electricity to every village.

24. Fillip to Power generation using solar & wind power.

25. Infrastructure – the Unprecedented building of roads, bridges & tunnels languishing for 7 decades.

26. SBM 

Swachh Bharat Mission (Gramin) (SBM-G), previously called Nirmal Bharat Abhiyan (NBA), is a Community-led total sanitation program initiated by Government of India (GOI) and is being implemented in the State since 2004-05. It is a demand-driven and people-centred sanitation program. The Govt. of India and State Govt. share the funding pattern in the ratio of 75:25 approximately.

PMAY

Low-Cost Housing subsidy helping the lower middle class.

27. Abolishment of triple talaq

28. The scrapping of fake NGOs & Shell Companies.

29. Bangladesh border settlement.

30. Reviving economic growth and controlling inflation.

The list goes on….. 

One thing no one can dispute is that Modi has done more in four years than all the previous Prime Ministers combined did in 65 years. India is in good hands. All nationalists should help keep Modi in GOI for another 20 years in 2019. Then the job will be completed in toto.

@jsvasan

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