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

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News Network
May 8,2020

Aurangabad, May 8: At least 15 migrant workers, who were sleeping on the railway tracks while going back to their native places, were run over by a goods train between Maharashtra's Jalna and Aurangabad, officials said on Friday.

A senior railway official confirmed that 15 migrant labourers were run over by a goods train between Jalna and Aurangabad of Nanded Divison of South Central Railway.

The official said that the incident happened around 5.30 am on Friday when the migrant workers, who were on way back to their homes and sleeping on the railway tracks.

However, it is yet not clear from where this group hailed and where they were going.

Amid the nationwide lockdown, thousands of migrant workers stranded in several other cities have started their journey to return to their native places on foot.

The interstate bus service, passenger, mail and express train services have been suspended since March 24.

The railways has started running Shramik Special trains to transport the stranded migrants to their native places since May 1.

Till Thursday railways has run 201 Shramik Special trains.

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News Network
February 9,2020

Mumbai, Feb 9: Given the slow progress on the ongoing Rs 38,000-crore capacity expansion at the four largest metro airports, and also the surging traffic, the snaky queues will continue at least till 2023, warns a report.

The four largest airports -- New Delhi, Mumbai, Bengaluru and Hyderabad -- handle more than half of the traffic and are operating at 130 per cent of their installed capacity. These airports are under a record Rs 38,000-crore capex but the capacity will not come up before end-2023, says a Crisil report.

“With the dip in traffic growth largely behind, we expect congestion at the top four airports of New Delhi, Mumbai, Bengaluru and Hyderabad, which handle more than half of the load, to continue till about FY23,” says the report.

Already these airports are operating at over 130 percent of installed capacity, and the ongoing healthy traffic growth this operating rate is expected to rise further in the next 12 months.

“Operationalising of capacities in the following two fiscals will bring down utilisation levels albeit still high at over 90 per cent by fiscal 2023 and that is despite an unprecedented Rs 38,000 crore capex being undertaken by the operators of these airports over five fiscals 2020-24,” says the report.

Despite this unprecedented capex that is debt-funded, ratings are likely to be stable given the strong cash flows expected due to healthy traffic growth, low project risks associated with the capex and improving regulatory environment, notes the report.

“Capacity at these four airports will increase a cumulative 65 per cent to 228 million annually (from 138 million now) by fiscal 2023. However, traffic is expected to grow strong at up to 10 per cent per annum over the same period. Since additional capacities will become operational in phases only by fiscal 2023, high passenger growth will add to congestion till then,” warn the report.

High utilisation will ride on pent-up demand (accumulated in 2019 as traffic was impacted with the grounding of Jet Airways) and one-off issues with new aircraft of certain airlines.

Further impetus will also come from improving connectivity to lower-tier cities and reducing fare difference between air and rail. Increasing footfalls at airports provide a leg-up to non-aero streams such as advertising, rentals, food and beverage and parking, which comprise around half of the revenue of airports already.

These are expected to grow strongly at over 10-12 per cent, also supported by higher monetisation avenue coming along with current capex. The other half of revenue (aero revenue) is an entitlement approved by the regulator, providing a pre-determined, fixed return over the asset base and a pass-through of costs.

Aero revenue is also expected to get a bump up during fiscals 2022-24, when a new tariff order for airports is likely. Overall aggregate cash flows are likely to double by fiscal 2024 and provide a healthy cushion against servicing of debt contracted for capex, the report concludes.

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News Network
March 3,2020

Mumbai, Mar 3: The country will turn "peaceful" if Prime Minister Narendra Modi's "bhakts" follow him in quitting the social media, the NCP said on Tuesday, taking a dig at the PM over his tweet that was thinking of giving up his social media accounts.

NCP chief spokesperson and Maharashtra minister Nawab Malik also said that Modi's decision will be "in the interest of the country".

His comments came a day after Modi said he is contemplating giving up social media presence.

"This Sunday, thinking of giving up my social media accounts on Facebook, Twitter, Instagram & YouTube. Will keep you all posted," the prime minister said on the micro-blogging site.

Taking a swipe at the prime minister, Malik in a tweet said, "Yesterday, Modi ji gave hint of giving up the social media from Sunday. Some leaders are also talking about giving up (the social media). The country will turn peaceful if all the bhakts (followers) give it up."

"Modi ji's decision will be in the interest of the country. We welcome it, Modi ji take decision," Malik tweeted with the hash tag "ModiQuitsSocialMedia".

Earlier, the Congress took a swipe at the prime minister, with Rahul Gandhi tweeting "Give up hatred, not social media accounts" after tagging Modi's post.

Within minutes of Modi's tweet on Monday, scores of netizens urged him not to quit the various social media platforms as 'No Sir' trended on Twitter.

The prime minister is one of the most-followed world leaders on social media. He has 53.3 million followers on Twitter, 44 million on Facebook and 35.2 millionon Instagram.

The Twitter handle of Prime Minister's Office has 32 million followers.

In September 2019, PM Modi was the third most followed world leader on the microblogging site, behind only US President Donald Trump and his predecessor Barack Obama.

The Prime Minister was the first Indian to cross the 50-million followers mark on Twitter.

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