29 November, 2020

None Can Halt The March

The poor are empowered like never before. No wonder Modi has no challenger.

None Can Halt The March
outlookindia.com
2018-06-01T11:36:44+05:30

In four years, the Narendra Modi government has directly tried to lift the living standard of 3,100 lakh families through targeted social welfare schemes that no other regime in the past seven decades ever attempted. Instead of the typical populist doles to the poor, the current dispensation devised programmes that give the downtrodden basic support to move out of the vicious circle of indebtedness. In the process, Modi redesigned the economic architecture by trying to redistribute wealth, widen tax base and embolden the last-mile delivery mechanism. This will transform society, make it accountable and law-abiding, forcing crooks to run for cover.

Today, India is the fastest-growing economy at a rate of 7.5 per cent. The country’s GDP in current prices increased by 31 per cent during 2013-17, while the global GDP increased by 4 per cent. Inflation, which was 9.5 per cent under the UPA, has been steady at 3.5 per cent. Till 2014, India had built 93,000 km of national highways, which has today grown to 1,23,000 km. Modi had inherited a power situation mired in scams...

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