What are the achievements of the Central Government in the first year of Modi 2.0?






Ankit Ankit
Answered on May 31,2020

The Government had taken several important decisions that transformed India like never before. Foremost among them is the abrogation of Article 370 and 35A, thus fulfilling the decades-old demand of the nation. 

The Sagacious leadership of the Prime Minister was once again proved during handling of the situation after the historic verdict of the Supreme Court on the Ayodhya-Ram Janmabhoomi.

The Settlement of the decades-old BruReang Refugee, ending insurgencies, and integrating the former cadres into the mainstream be it in Tripura and the Bodo Agreement are a testimony to the Prime Minister’s vision of “Sabka Saath Sabka Vikas, Sabka Vishwas.

Several other promises like extending PMKISAN to all farmers, pensions to small traders and farmers, forming a unified Jal Shak Ministry and more, have already been fulfilled

The following paragraphs give an exhaustive summary of various decisions taken by the Modi 2.0 Government in the last one year, a decisive period in the Indian history and the dawn of a NewIndia, a bright India.

Aatmanirbhar Bharat Abhiyan

In his clarion call for a self-reliant India, Prime Minister Narendra Modi stressed on the five pillars to sustain the growth: Economy, Infrastructure, System (Based on Modern Technology), Vibrant Demography and Demand. Prime Minister announces a Rs 20 Lakh Crore Rupees Economic Stimulus Focusing on Land, Labour, Liquidity and Laws. 

 

Job Creation

  • Rs. 1,01,500 Crore increase in allocation for MGNREGA to provide employment boost Addresses need for more work including returning migrant workers. 
  • Helps generate nearly 300 crore person-days in total.
  • Creation of a larger number of durable and livelihood assets including water conservation assets will boost the rural economy through higher production. 

Farmers 

  • Rs 2 Lakh Crore concessional credit through Kisan Credit Cards - 2.5 Crore Farmers and Fishermen to benefit
  • 30,000 Cr - Additional Emergency working capital fund - NABARD - 3 Crore Small & Marginal Farmers to benefit 

Migrants 

  • Rs. 3500 Crore Free Food Grain 
  • 8 Crore Migrants to get 5 Kg Wheat / Rice per person and 1 Kg Pulse per Family

Street Vendors 

  • Rs 5000 Crore Special Credit Facility for Street Vendors 
  • 5 Million Street Vendors to benefit

Mudra Loans

  • Relief of Rs 1500 Crore for Shishu Mudra Loans. 
  • Interest subvention of 2% for a period of 12 months. 

Urban Housing

  • Rs 70,000 Crore Credit Linked Subsidy Scheme to those with Rs 6 to 18 Lakh Income
  • Affordable Housing - a scheme for migrant workers and urban poor

Affordable Rental Housing Complexes

  • Converting government-funded houses in the cities into Affordable Rental Housing Complexes (ARHC) 
  • Incentivising industries, State & Central Govt Agencies to develop ARHC on land 

Amending the Essential Commodities Act

  • Shall provide for a beer pricing to farmers 
  • This would de-regulate food items including cereals, which help make industry more competitive and attract investments 

Agriculture Infrastructure Fund

  • Rs 1 Lakh Crore - Financing facility for agri-infra projects

Fisheries

  • Rs 20,050 Crore - Pradhan Mantri Matsya Sampada Yojana
  • Rs 11,000 Crore for activities in Marine, Inland fisheries and Aquaculture
  • Rs. 9000 Crore for Infrastructure - Fishing Harbours, Cold chain, Markets etc. 

Animal Husbandry

  • Rs 15,000 Crore aid to private investment in Dairy Processing, value addition and cattle feed infrastructure. 

Herbal Culvaon Promotion

  • Outlay of Rs 4000 Crore
  • 10,00,000 hectares to be covered in two years.

National Animal Disease Control Programme 

  • Rs 13,343 Crore for vaccination against Foot & Mouth Disease and Brucellosis. 

Beekeeping

Rs 500 Crore to develop infrastructure- to benefit 2 Lakh cultivators. Herbal Culvaon Promoon - Outlay of Rs 4000 Crore - 10,00,000 hectares to be covered in two years. 

Operation Green

Rs 500 Crore subsidies to be extended from just Tomatoes, Onions, Potatoes (TOP) to all vegetables and fruits.

Micro Food Enterprises (MFE)

Rs 10,000 Crore to help 2 lakh MFEs who need technical upgradation to attain FSSAI food standards, build brands, and marketing. 

Big Boost to Small Industry and Business - Rs 5.94 Lakh Crore Stimulus 

MSMEs

  • MSME Definion Expanded 
  • 3 lakh Crore collateral free Automac Loans
  • Rs 20,000 Crore Subordinate Debt for stressed MSMEs
  •  Rs 50,000 Crore Equity Infusion through Fund of Funds

NBFCs

  •  Rs 30,000 Crore support for NBFC/HFC/MFI
  •  Rs 45,000 Crore Support for only NBFCs

EPF

  • Rs. 6750 Crore EPF Contributions reduced for business and workers for 3 months
  • Rs. 2500 Cr EPF support for business and workers for 3 months

Global Tenders disallowed upto Rs 200 Crore

Opening up of Various Sectors by Increasing FDI and Cutting Red Tape

Defence 

  • FDI in Defence manufacturing increased upto 74% from 49% 
  • Listing of weapons/platforms which will be banned from imports
  • Promotion of indigenisation of spares that are imported
  •  Corporatisation of Ordnance Factory Board 

Civil Aviation

  • Easing of Restrictions of use of Indian Air Space to increase the efficiency of passenger aircraft, save fuel, and me.
  • More World Class Airports through PPP route: 6 more airports identified for second round bidding. 
  • Additional Investment by private players in 12 airports in 1st and 2nd rounds is expected to bring around Rs. 13,000 crores.
  • Another 6 to be notified for third-round bidding. 
  • Making India a Global Hub for maintenance, repair, and overhaul of aircraft.

Power Sector

  • Tariff Policy Reform in the Power Sector ensuring consumer rights, promoting industry and sustainability of the sector
  • Privation of Distribution in UTs - Power Departments / Utilities in Union Territories will be privatized

Space Sector

  • Private firms to be allowed in the field of Satellites, launches and other space-based services.
  • Private sector will be allowed to use ISRO facilities and other relevant assets to improve their capacities. 
  • Future projects for planetary exploration, outer space travel, etc shall also be open for the private sector.

Social Infrastructure 

  •  Government's Viability Gap Funding increased to 30% from exisng 20% with an outlay of Rs 8100 Crore for private projects invesng in Social Infrastructure

Augmenting Health Care 

  • Rs 15,000 Crore Health Package announced by the Prime Minister
  • Emergency financial package of Rs 15,000 crore for healthcare - strengthening of personal protection equipment for medical professionals, increasing isolation wards and ICU beds, and for the training of medical and paramedical manpower.
  • Increase in the Labs from over 300
  • Manufacture of PPEs, Masks from 0 to 4 lakhs 
  • Face Masks (2 ply & 3 ply surgical masks, N95 masks) and Hand Sanitizers declared as Essential Commodities for a period up to 30.06.2020.
  • Creation of over 800 COVID Hospitals.
  • Prices of the Alcohol used as raw material in manufacturing the Hand Sanitizers fixed, Not to exceed from those prevailing on 05.03.2020.
  • Prices of 3 ply surgical masks fixed to be not more than Rs.16/- per piece 

For more information, check this link.

Source: MyGov website


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