Govt Implements Schemes, Makes Rapid Progress


BENGALURU: People saw that BJP s  gets the full majority in the Lok Sabha election  and Narendra Modi went on to become India’s Prime Minister. The new government made an impressive progress with new relevant schemes passed and implemented. The Modi-led BJP government steering India towards  progress, and is keen to surge ahead in a more definite way.

The finance administration headed by Finance Minister Arun Jaitley is working hard towards better reforms and better financial situations. Jaitley has expressed hope that hiking of the foreign investment cap in the insurance sector to 49 per cent, which has been pending since 2008, will result in capital inflow of billions.

The new government has the target to open about 7.5 crore accounts under Prime Minister’s Jan Dhan Yojna by 26 January  2015 but currently the target has been revised and set to 10 crore in wake of its amazing progress. As on December 1, states of Goa, Kerala, Tripura and Madhya Pradesh, Union Territories of Chandigarh, Puducherry and Lakshadweep have achieved 100 percent saturation (all households with at least one bank account)," the finance ministry disclosed as reported by Business Standard.

Apart from this Jan Dhan Yojana the government has implemented more schemes favorably for the common people. The Varishtha Pension Bima Yojana was also launched for the benefit of the vulnerable sections of society. A monthly pension ranging from 500 to 5,000 per month will be provided to senior citizens of the country.

The government also worked effectively for craving out Black money stacked outside India. The government re-launched the Kisan Vikas Patra (KVP) to attract investment for small savings scheme.

A Swachh Bharat Kosh has also been set up to attract Corporate Social Responsibility funds from corporate sector and contributions from individuals and philanthropists to achieve the objective of Clean India (Swachh Bharat) by the year 2019.

On way for protection of women in the country a Nirbhaya Fund with initial 2,000 crore was created by the government to ensure the safety for girl child and women in the country.

As the year is ending the new central government has received both satisfactory and criticizing remarks about its governance.. We hope to see much improved and better governance ahead in 2015.

READ MORE: Jaitley Signals Urgent Need For RBI Rate Cut

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