NDA govt second aniversary: BJP highlights its 'achievements'

May 26, 2016

New Delhi, May 26: Top BJP leaders led by the party chief Amit Shah today highlighted the "achievements" of Narendra Modi government during its two years in office, claiming they included empowerment of the poor, infrastructure growth and youth-led devlopment.

govtTop echelon of the government including Finance Minister Arun Jaitley, Rail Minister Suresh Prabhu, Defence Minister Manohar Parrikar and Urban Development Minister M Venkaiah Naidu, besides Shah, were present as Union Minister Nirmala Sitharaman made a presentation to highlight its performance at an interaction with senior editors from various media houses here.

The presentation also claimed that the common man has "benefited" due to "low inflation" and "stable price" regime and India has emerged as a "bright spot" in the world with high growth rate of 7.6 per cent.

In the power-point presentation on a whole range of economic and social issues, BJP claimed that the nation is "transforming" and moving ahead in all spheres.

"IMF calls India a bright spot," according to the presentation. The country has become the highest recipient of foreign direct investment and insurance sector alone has attracted Rs 9,000 crore froam abroad, it said.

Besides, Sitharaman said, the government has taken various initiatives including Pradhan Mantri Awas Yojana, Pradhan Mantri Gram Sadak Yojana, and Deen Dyal Upadhyay Antyodaya Yojana for empowering poor.

Many other social security schemes have also been announced by the government which provide insurance at affordable premium for the poor.

As per the presentation, Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) has been subscribed by 2.96 crore, Pradhan Mantri Suraksha Bima Yojana (PMSBY) by 9.43 crore and Atal Pension Yojana (APY) 26 lakh since its launch.

Pradhan Mantri Micro Units Development & Refinance Agency (MUDRA) Yojana has benefited 3.48 beneficiaries by providing collateral free loans to small entrepreneurs worth Rs 1.37 lakh crore.

Direct Benefit Transfer has also benefited the poor as it has eliminated leakage, as per the presentation.

Subsidies and benefits of 59 schemes being transferred thorough DBT and government has been able to save about Rs 36,000 crore.

On infrastructure development, the presentation said 6029 km of highways were constructed in 2015-16 and 7,108 villages are electrified. India has become the world's clean energy capital, as per the presentation.

With regard to initiatives in the farm sector, the government has launched many schemes including Pradhan Mantri Krishi Sinchayee Yojana Pradhan Mantri Fasal Beema Yojana and E-platform for National Agriculture Market to help farmers fetch the best price for their produce.

On black money, it said, many steps have been taken including passage of Undisclosed Foreign Income and Assets and Imposition of Tax Act, 2015.

Besides, enhanced enforcement measures resulted in unearthing of tax evasion of approximately Rs 50,000 crore of indirect taxes and undisclosed income of Rs 21,000 crore and prosecutions launched in 1,466 cases.

With emphasis on youth employment, the government has provided training to 19.55 lakh under Pradhan Mantri Kaushal Vikas Yojana.

The government has been able to pass various key legislations and economic reforms including Insolvent and Bankruptcy Code.

Comments

suresh
 - 
Thursday, 26 May 2016

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HONEST
 - 
Thursday, 26 May 2016

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I hope, our indian public wake up to the reality and recognize the evils of the Society.

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News Network
June 20,2020

New Delhi, Jun 20: A rare celestial event, annular solar eclipse, which is popularly known as the "ring of fire" eclipse, will be visible this Sunday in India.

It will be the first solar eclipse of this year takes place on the summer solstice, which is the longest day in the Northern Hemisphere.

While people living along the path annular eclipse passing through Anupgarh, Suratgarh, Sirsa, Jakhal, Kurukshetra, Yamunanagar, Dehradun, Tapowan and Joshimath will be able to see the annular phase, people in rest of India can witness a partial eclipse, said the Ministry of Science and Technology.

When Moon comes between the Sun and Earth, the shadow falls on the surface of the Earth. The Sun is entirely covered by the Moon for a brief period. Those places that are engulfed by the dark, dense umbral shadow of the Moon experience the total solar eclipse. In the regions that plunge into the soft diffused penumbral shadow of the Moon experience the partial eclipse.

"Annular solar eclipse is a particular case of the total solar eclipse. Like the total solar eclipse, the Moon is aligned with the Sun. However, on that day, the apparent size of the Moon happens to be a wee smaller than the Sun. Hence the Moon covers the central part of the Sun, and the rim of the Sun appear like a 'ring of fire' in the sky for a very brief moment" explains Samir Dhurde of The Inter-University Centre for Astronomy and Astrophysics, Pune.

During the solar eclipse, the apparent size of the Moon is smaller than that of the Sun by 1 per cent, the expert said.

Allying rumours that the eclipse will mark the end of coronavirus, Aniket Sule, Chairperson, Public Outreach and Education Committee of the Astronomical Society of India, said: "Solar eclipse is caused when the Moon comes in front of the Sun for a short time. As seen from Earth eclipses occur somewhere in the Earth 2 to 5 times a year. Eclipses do not impact microorganisms on Earth. Likewise there no danger in eating of stepping out during an eclipse. No mysterious rays come out of the Sun during an eclipse."

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News Network
January 14,2020

Chennai/New Delhi, Jan 14: India's annual electricity demand in 2019 grew at its slowest pace in six years with December marking a fifth straight month of decline, government data showed, amid a broader economic slowdown that led to a drop in sales of everything from cars to cookies and also to factories cutting jobs.

Electricity demand is seen as an important indicator of industrial output in the country and a sustained decline could mean a further slowdown in the economy.

India's power demand grew at 1.1% in 2019, data from the Central Electricity Authority showed, the slowest pace of growth since a 1% uptick seen in 2013. The power demand growth slowdown in 2013 was preceded by three strong years of consumption growth of 8% or more.

In December, the country's power demand fell 0.5% from the year-earlier period, representing the fifth straight month of decline, compared with a 4.3% fall in November.

But in India's western states of Maharashtra and Gujarat, two of India's most industrialised provinces, monthly demand increased.

In October, power demand had fallen 13.2% from a year earlier, its steepest monthly decline in more than 12 years, as a slowdown in Asia's third-largest economy deepened.

Industry accounts for more than two-fifths of India's annual electricity consumption, while homes account for nearly a fourth and agriculture more than a sixth.

The slower demand growth is a blow for many debt-laden power producers, who are facing financial stress and are owed over $11 billion by state-run distribution companies.

India's overall economic growth slowed to 4.5% in the July-September quarter, government data released in November showed, the weakest pace since 2013 as consumer demand and private investment fell.

The government has estimated growth in the current financial year that runs through to March will be the slowest since the 2008 global crisis.

"This reflects overall economic slowdown, because if you look at other high frequency data like diesel consumption, everywhere you are seeing contraction," Rupa Rege Nitsure, chief economist at L&T Financial Holdings.

But India's central bank will not have much scope to cut rates to stimulate the economy because inflation has been rising sharply and reached 7.35% in December compared with 1.97% in January last year.

Economists say India's growth will continue to hover around 4.5% levels in the Oct-Dec quarter.

"In the Oct-Dec quarter as well growth (GDP) will be around the same level as July-September. My estimate for the full year is around 4.7% growth," Nitsure said.

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News Network
June 17,2020

New Delhi, Jun 17: With an increase of 10,974 new cases and 2,003 deaths in the last 24 hours, India's COVID-19 count reached 3,54,065 on Wednesday while the toll due to the virus stands at 11,903.

This includes 1,55,227 active cases and 1,86,935 cured, discharged and migrated patients, according to the Union Health Ministry.

While the spike in the number of cases has stayed below the 11-thousand mark, the death toll has increased manifold today as compared to the 380 death reported on Tuesday.

Maharashtra with 1,13,445 cases continues to be the worst-affected state in the country with 50,057 active cases while 57,851 patients have been cured and discharged in the state so far. The toll due to COVID-19 has crossed the five thousand mark and reached 5,537 in the state.

It is followed by Tamil Nadu with 48,019 and the national capital with 44,688 confirmed cases.

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