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According to a survey conducted by Gallup, there has been a big decline in the percentage of Indians who rate their lives as “positively thriving” ever since Prime Minister Modi filled in the office. It had reduced from 14% in 2014 to just 3% in 2017. While the unemployment rate, living wage, and per capita GDP has increased, the monthly wages for low-skilled workers has decreased from ₹13,300 to ₹10,300. Young people are entering the workforce at a much faster rate as compared to job growth. All these facts tend to indicate an ambiguous view of the government. Let’s consider the arguments in isolation.
Model Of Developing India
Various campaigns and programmes that have been launched:
Clean India Campaign: The campaign focuses on resolving the issues of unhygienic conditions prevailing in the country. A major step taken by the government was to build public toilets and promote the project through notable celebrities.
Make In India: An initiative that focuses on the need to bring in more innovations to increase the investment within the country itself. There was an outflow of jobs due to the creation of new industries. It is being recognized by the world ever since it has gone global.
Jan Dhan Yojna: This scheme enables people to have access to all financial services, which include credit, insurance, savings account, and pension. Prime minister also stresses the importance of having at least one bank count per household.
Stand-Up India: In 2016, PM Narendra Modi launched the initiative to promote entrepreneurship in India, especially among women, ST and SC population with the convenience of easier loans they can avail. He aims to convert every job seeker into a job provider. Along with the launch of the campaign, he also distributed 5,100 Ola e-rickshaws across Delhi/NCR under Pradhan Mantri MUDRA Yojna and Bhartiya Micro Credit (BMC), which can be ordered through Jan Dhan and RuPay debit card.
The govt has taken confidence-building measures to improve its relations with Kashmir: There has been a lot of tension brewing in India around the claim of Kashmir ever since. He even showed a warm gesture when he visited flood victims in Kashmir and also arranged for monitoring systems to oversee the flood-affected regions.
Implementation of Neighborhood First policy: One of the major policy initiatives taken by the Modi government was to actively focus on improving ties with immediate neighbors. Inviting all heads of SAARC nations to Modi’s swearing-in ceremony was an aggressive and smart move by Modi as a Prime Minister.
Fast-track mode of Foreign Policy: He visited many global leaders and explained to them the manufacturing opportunities that they could explore in India. He was able to portray India as a secure and competitive marketplace in their eyes. His good international relations have brought a lot of investment into India’s economic system.
Reforms in economic policies: Some major reforms include privatization of public banks and an increase in the FDI limits for Insurance, Railways, and Defence. Several tax benefits have also been modified.
Increased focus on tourism: Efforts are being made to portray India as a popular tourist destination to the entire world. Visa systems have been undergoing big changes in terms of being ‘available on arrival’ to all the leading nations. The number of foreign tourists coming to India has also considerably risen since Modi has come to power, which is a very positive indication.
Model Of Destroying India
The price hike in diesel and petrol: The rationalization of diesel and petrol prices has added more pain to the middle class. The BJP manifesto claimed that special courts would be set up to stop black marketing and hoarding, but nothing has been done so far in this regard.
Farmers’ suicide: Farmers remain distressed and are committing suicides in some parts of the country due to lack of crop insurance and farmer loans.
Demonetization: Introduced in 2016, it was a poorly executed scheme. Currency worth ₹15.28 trillion had been deposited back into the banks. It clearly indicated that hoarders had found a way to legitimize most of their black money or there was no significant black money.
Goods & Services Tax (GST) implementation: Introduced country-wide crackdown of the illegal economy, it ended up causing a lot of misery to the general public and slowed down economic growth. Traders in the cities and towns are upset over tax bureaucracy imposed by GST. In villages, farmers are complaining of job insecurity as they feel that the government is not paying them enough for their produce.
Rise in Hindu Nationalism as a trend: The rise of ruling party reflects a worrying trend of Hindu nationalism in India, and Modi himself has a record of stirring up Muslim-Hindu hostility.
The Modi government has achieved a lot since it came to power in 2014, but it still has a long way to go in the journey of making India economically strong and implement citizen-friendly policies.