Love him or hate him, one can simply not ignore Mr. Narendra Modi. Being a resident of one of the most fucked up nations was not enough, being the prime minister of it brings another set of unimaginable challenges. He’s one of the most influential people and ranked no. 9 in the Forbes List MOST POWERFUL PEOPLE 2018, and his work has affected everyone, from the rich businessmen to the poorest of the families.
Being one of the most popular politicians in the world, despite being 68 years old, he’s been carrying the load of the nation’s expectations on his shoulder along with the work of undoing the wrongs by the leeches. His work is surely admirable but also questionable at the same time.
It’s usually perceived that any government gets into the election mode in the last year of its term, but that’s not the case with Narendra Modi’s government. The Modi government has ever since been in election mode as they came to power with the personal involvement of Modi himself. Next year he will be fighting for re-elections, hence what better time to reflect upon his government’s achievements and its impacts in past four years.
On the 8th of November 2016, it was announced that all the Rs 500 and Rs 1000 currency notes would be withdrawn and exchanged with the new Rs 500 and Rs 2000 currency notes. This move was taken to allegedly aim at the black money, though this change took at least a year to reflect that change. This move created havoc in the economy, the economic growth suffered badly and many small businesses were forced to shut down. Due to demonetization, the growth of the economy of our country has come to a standstill. Farmers were worst affected by this cash crunch as they were not able to meet up with their estimated crop production. Some say the economy has still not recovered from that shock, but now the situation is better than before. The government keeps on introducing new currency notes every now and then and the currency circulation has also grown gradually, the government introduces Rs 18,578 new currency notes on May 11, 2018.
Quite recently, as per the RBI reports showed that none of the objectives had been met, and did nothing for India. “What it did was give a body blow to the informal economic activity and I don’t think that the country has still fully recovered from it” Jayati Ghosh, economics professor, JNU.
Make In India
One of the most powerful, largest and fastest growing programme of Government of India, ‘Make In India’ promotes enhancement and sharpening of skills, invest in ideas and innovations, protect intellectual property, and manufacturing infrastructure in the country, a.k.a. manufacture in India and sell wherever. This programme focuses on 25 sectors including aviation, automobile, textile, tourism, wellness, space among others. It’s given opportunities to millions of people of India and was introduced in September 2014, and has over 2.1 billion global impressions on social media.
The step was taken to increase the employability in our country. Make in India was introduced so that the MNC’s come up with new plans for the country in order to contribute towards the country’s economy. Make in India has brought about a great deal of change in boosting FDI and employment, many countries have come up to sign deals with the state and central government.
Launched in July 2015, this campaigns’ motive is the expansion of internet connectivity and connect as many people in the network, especially in the rural area. This programme promotes e-Governance i.e. to transform India into a digitally empowered society and knowledge economy.
It enables multiple government services through a single application ‘UMANG’, giving access to various services to its users. It includes DigiLocker, for storage and protection of private docs and certificates, online transactions and shopping too.
Soon released after the Digital India Scheme on 15 July 2015, it aims to train over 40 crore people in India working on various different skills.
Swachh Bharat Abhiyan
The Swachh Bharat Abhiyan was undertaken to eradicate the problems of sanitation and cleanliness in our country. This campaign aims at keeping the roads, monuments and other areas clean. India faces a huge problem of open defecation, the Modi government set out to come up with solutions to solve this problem. The Swachh Bharat Abhiyan aimed at constructing public toilets and encouraging people and promoting indoor plumbing and proper sanitation. The government has constructed about 86 million public washrooms since 2014 all over India and held up various campaigns and rallies to promote, spread awareness to keep our country clean and sanitized.
One of the most confusing and criticized steps taken by the government, GST replaces many indirect taxes in India. Launched on 1st July 2017, the Goods and Service Tax applied on all goods and services, levies on every value addition. It slashed many of the taxes but increased a headache for a hundred. This programme has faced lots of criticism and even dipped the GDP even more than before.
Petrol and Diesel hike
With petrol rates reaching a new high every month, the public has been blaming the government even though the government isn’t the only factor for the hike, due to the excess tax being added on it.
Even though excise duty on petrol and diesel was slashed, the prices did not go in the favor of the public, yet again. The prices have been ever increasing since the Modi government has come into power.
The GDP, if compared to before the government coming to the center, has definitely increased, though it has many ups and downs every year. It increased to 7.1% in 2016 despite demonetization in November and has been going downhill ever since. The reason partly being the GST system, none of the schemes have worked in the favor of GDP of India.
With the last year left of the Modi Government, the question comes to our mind, whose next?