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

Honest, you forgot many - like chikki development, lalit modi extradition to UK, vijay mallya to UK, food scam, foriegn affairs affidavit, vyapam developemnt gatkare sugar mill development, asaram development, nawaz sharief relationship development, return of black money, business setup of patanjali, make in india - statue of patel manufactured in China, karnataka mining development etc you can add.

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
March 23,2020

New Delhi, Mar 20: Prime Minister Narendra Modi on Monday appealed to state governments to ensure that rules and regulations of the coronavirus lockdown are enforced as he noted that many people are not taking the measure seriously.

"Many people are still not taking the lockdown seriously. Please save yourself, save your family, follow the instructions seriously. I request state governments to ensure rules and laws are followed," he said in a tweet in Hindi.

The Centre and state governments have decided to completely lock down 80 districts across the country where coronavirus cases have been reported.

Uttar Pradesh, Maharashtra, Punjab, Karnataka, Tamil Nadu and Kerala announced lockdown in many districts.

Delhi will be locked down from 6 am on March 23 till midnight on March 31.

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News Network
January 22,2020

New Delhi, Jan 22: Delhi Chief Minister Arvind Kejriwal has assets worth Rs 3.4 crore, an increase of Rs 1.3 crore from 2015, according to his election affidavit.

Kejriwal's total assets were worth Rs 2.1 crore in 2015.

The cash and fixed deposits of Kejriwal's wife Sunita Kejriwal increased from Rs 15 lakh in 2015 to Rs 57 lakh in 2020.

A party functionary said Rs 32 lakh worth cash and fixed deposits have been received by Sunita Kejriwal as voluntary retirement benefits while the rest are savings.

The cash and fixed deposits of the chief minister increased from Rs 2.26 lakh in 2015 to Rs 9.65 lakh in 2020.

There was no change in the value of immovable assets of his wife while Kejriwal's immovable assets' worth increased from Rs 92 lakh to Rs 177 lakh.

The party functionaries said increase in Kejriwal's immovable assets' worth is due to the increased valuation of the same asset as in 2015.

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News Network
May 4,2020

New Delhi, May 4: The country's manufacturing sector activity witnessed unprecedented contraction in April amid national lockdown restrictions, following which new business orders collapsed at a record pace and firms sharply reduced their staff numbers, a monthly survey said on Monday.

The headline seasonally adjusted IHS Markit India Manufacturing Purchasing Managers' Index (PMI) fell to 27.4 in April, from 51.8 in March, reflecting the sharpest deterioration in business conditions across the sector since data collection began over 15 years ago.
The index slipped into contraction mode, after remaining in the growth territory for 32 consecutive months.

In PMI parlance, a print above 50 means expansion, while a score below that denotes contraction.

Amid widespread business closures, demand conditions were severely hampered in April. New orders fell for the first time in two-and-a-half years and at the sharpest rate in the survey's history, far outpacing that seen during the global financial crisis, the survey said.

"After making it through March relatively unscathed, the Indian manufacturing sector felt the full force of the coronavirus pandemic in April," said Eliot Kerr, Economist at IHS Markit.
Panellists attributed lower production to temporary factory closures that were triggered by restrictive measures to limit the spread of COVID-19.

Export orders also witnessed a sharp decline. Following the first reduction since October 2017 during March, foreign sales fell at a quicker rate in April. "In fact, the rate of decline accelerated to the fastest since the series began over 15 years ago," the survey said.

On the employment front, deteriorating demand conditions saw manufacturers drastically cut back staff numbers in April. The reduction in employment was the quickest in the survey's history.

"In the latest survey period, record contractions in output, new orders and employment pointed to a severe deterioration in demand conditions.
“Meanwhile, there was evidence of unprecedented supply-side disruption, with input delivery times lengthening to the greatest extent since data collection began in March 2005," Kerr said.

On the prices front, both input costs and output prices were lowered markedly as suppliers and manufacturers themselves offered discounts in an attempt to secure orders.

Going ahead, sentiment regarding the 12-month outlook for production ticked up from March's recent low on hopes that demand will rebound once the COVID-19 threat has diminished and lockdown restrictions eased.

"There was a hint of positivity when looking at firms' 12-month outlooks, with sentiment towards future activity rebounding from March's record low. That said, the degree of optimism remained well below the historical average," Kerr said.

In India, the death toll due to COVID-19 rose to 1,373 and the number of cases climbed to 42,533 as on Monday, according to the health ministry.

Meanwhile, the coronavirus-induced lockdown has been extended beyond May 4, for another two weeks in the country.

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