In 2006, I had identified Pradhan Mantri Gram Sadak Yojana (PMGSY) as the dark horse of NDA-1. We had started looking at the scheme with a lot of skepticism and tried to punch holes in it. After studying the scheme and interviewing people to get a preliminary feedback, we went for field research and found a visible difference in the economic activity and everybody happy with the scheme including the people who had not got a road till then or even people whose lands had been acquired to build special the road.
Any country's economic growth depands on expansion in industry, increased investment, high domestic production and consumption, healthy exports and reduction in imports, on the one hand and a hope towards a brighter future for its people, on the other.
Outlining his government's achievements, Prime Minister Narendra Modi recently said: "We have achieved major gains in macro-economic stability. A durable reduction in inflation, steady fiscal consolidation, a comfortable balance of payments position and build-up of foreign exchange reserves are the highlights."
The last few years of the United Progressive Alliance (UPA) government's 10- year rule had left the Indian economy rattled. corruption scandals ignited political firestorms and badly shook its credibility, macroeconomic fundamentals eroded, and what came to be known as policy paralysis punctured the romantic myths about the Indian economy as the silver lining in the recession-hit world economy.
We are one of the richest states with high per-capita income. Our focus is on good governance and innovation. We are making efforts to bring about sustainable and all-round development in the state, says Laxmikant Yashwant Parsekar, Chief Minister, Goa
The liberalisation of industrial policy and other initiatives taken by the Government have given a definite impetus for entry, participation and growth of the steel sector. While the existing units are being modernised/ expanded, a large number of new steel plants have also come up in different parts of the country based on modern, cost effective, state ofthe- art technologies.
The government's focus on the welfare of women and children is reinforced with a significant 11 per cent increase in the Gender Budget for 2016-17. The total financial allocation for women in the Central Budget stands at Rs.90,624 crore for the financial year 2016-17 as against Rs.81,249 crore in 2015-16 marking an annual increase of 11 per cent.