Modi Government tenure and review ||Mod Government’s works,impact and challenges
The Government has implemented several schemes under PM Modi’s leadership to enhance the lives of farmers by providing financial security, skill development, market access, sustainable agricultural practices,and many facilities.In this article we will discuss Modi Government tenure and work review.
We take a look at what the decade from may, 2014 to may 2014 has been like for the Indian economy, with a focus on the performance of economic reforms, infrastructure development, skills development,and social welfare. In this blog we explore the main milestones and impacts of PM Modi’s 10 years tenure on the Indian economy.
- Impressive economic growth: Over the past decade, India’s gross domestic product (GDP) per head has seen a remarkable increase.In 2014, the gross domestic product (GDP) per head was approximately $5,000; by 2022, it had risen to over $7,000, marking a 40 per cent increase.(Sources)
Social welfare and public goods:Aadhar and direct benefit transfer, infrastructure development and much more.
Financial inclusion and digital transformation
- Pradhan Mantri Jan Dhan Yojana(PMJDY)
- Growth in financial assets
Macro Economic Stability and Fiscal Management
- Piscal discipline
- Foreign Exchange reserves
Enhanced welfare programmes
Prime Minister Modi government’s response to the COVID-19 pandemic was marked by a significant expansion in welfare programmes. Modi Government took a excellent responsibility for the human beings in the international level.
Country’s Infrastructure and energy access
Modi Government increased to access electricity rose from 88 per cent in 2014 to 99.6 per cent in 2020. This rapid achievement of electrification has been pivotal in enhancing the quality of life and economic productivity in rural areas of country .Infrastructure development have also enhanced connectivity, facilitating trade and commerce system.
In the ten years since PM Modi came to power of centre the world has taken more importance of India than ever before.
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