The general election of 2024 is approaching, and there is considerably debate, discussion, analysis, and forecasting about who will win. Several factors must be investigated. Prime Minister Narendra Modi is finishing his second term, which means he has been in office for ten years. This is a significant era for the people of such a large nation with such diversity and disparities in socioeconomic conditions to become disgruntled and vote against the leader leading the government. However, looking at the pre-election scene, the manner in which opponents are attempting to coalesce raises many questions about their frame of mind. It is apparent that PM Modi and his team have done good work over the period, and a large majority of Bharatiyas are pleased with his performance.
PM Modi and his team are facing anti-incumbency, so they should be worried and nervous about being re-elected to power. However, what we are seeing is that the opposition is in complete panic and fear, realizing that the work done for every sector, every class of people in the last nine years has far outpaced the first 65 years in terms of speed and precision. Even when compared to economic superpowers America and China over the last nine years, Bharat has improved its performance solely due to hard work, efforts in the right direction, and the “Nation First” principle. The faux unity of opposition parties is actually opening the way for people to realize that the Modi government has done an excellent job. This is the first indication that the incumbent government is performing well and will be re-elected with a landslide.
Why does Prime Minister Modi require a third term?
In 2014, the Congress-led government bestowed a weak economy, a large NPA, corruption and a corrupt bureaucracy, a majority of people in rural areas lacking basic facilities despite 67 years of independence, a colonial mindset, undue influence and interference from international agencies, rampant conversion, frequent threat postures from Pakistan and China, appeasement and dynastic politics.
The 24 crore families and more than 6 lakh villages needed a leader who could think and work according to “Bharatiyatva” principles, which they found in Narendra Modi ji. The growth trajectory in practically every area is already bearing fruit and will deliver big in the coming years. PM Modi’s stance is that “Bharat’s growth supports global growth.” The globe is investing in Bharat and looking for solutions in a variety of areas.
Morgan Stanley praised Prime Minister Narendra Modi’s government in its most recent report. According to the report, Bharat has gained places in the world order in a short period of time, with considerable positive ramifications for the macro and market prospects. According to the report, there has been tremendous progress in national roadways, broadband subscriber base, renewable energy, and railway line electrification.
The Modi administration’s first nine years have been wonderful for India’s economy and people. Despite the worst epidemic of the century, India’s international status has risen dramatically in these nine years, not just in terms of GDP ranking but also in terms of cooperation with other countries, rich and poor.
PM Modi’s foreign policy involvement is unavoidable in retrospect, driven by the dual goals of making Bharat the world’s third largest economy and, as a result, a vital role in an evolving multipolar world. To attain these goals, two conditions must be met: first, securing a no-war scenario in the SAARC region, which would make Bharat an appealing destination for global investment.
Second, establishing the power to mold global institutions’ regulations, which will have a direct impact on the country’s economic well-being. These goals are not novel. What has changed in PM Modi’s presence is the more significant implementation and operationalization of certain of the New Panchsheel to expand and broaden Bharat’s foreign policy engagement.
Figures to consider before and after 2014
When Narendra Modi entered office in May 2014, India’s GDP was less than $2 trillion and per capita income was $1,573.9 in first 67 years, both of which have since climbed to $3.73 trillion and $2,601, respectively. GDP at current prices in Indian rupees was Rs 104.73 lakh crore in 2013-14, and reached to Rs 272.04 lakh crore in 2022-23. If we adjust GDP for price increases, GDP increases by 63 percent in nine years, or 5.6 percent per year, despite negative growth during the pandemic. In 2014, India was rated tenth in the world by GDP, but it is now placed fifth. Only the United States, China, Japan, and France are presently ahead of Bharat.
9 Years – Seva, Sushasan, Garib Kalyan
Annual capital spending at the Centre has more than tripled to 7.5 lakh crore in FY23 from 2.29 lakh crore in FY14. With the budget for FY24, yearly infrastructure investment has more than quadrupled to 10 lakh crore. The majority has gone toward highways, railways, and infrastructure development for potable drinking water and green energy. The government allocated 8.22 lakh crore for highways between FY17 and FY24. Highway capital expenditure allocation has increased from 17,332 crore in FY14 to 2.58 lakh crore in FY23. The money being poured into infrastructure is paying off, as yearly roadway construction has tripled in the last nine years.
To align with the ‘Make in India’ policy, the Modi government also abolished superfluous legislation and reduced the regulatory burden for enterprises, making it easier to start a business in Bharat. Bharat has more than 50 lakh crores in foreign exchange reserves.
During Modi’s nine-year tenure, 28.90 crore unorganized employees registered in the E-Shram Portal, which was formed as a National Database of Unorganized employees (NDUW) and will be seeded with Aadhaar. PM Jeevan Jyoti Bima Yojana claims totaling Rs 13,290 crore have been settled. Till March 2023, Rs 5,182 crore has been disbursed in 42.87 accounts under the PM Street Vendor’s AtmaNirbhar Nidhi (PM SVANidhi). The Modi government has sanctioned loans totaling more than Rs 7,558 crore to SC and ST beneficiaries under Stand Up India.
Article 370 is repealed
Abrogation of Article 370, as well as Article 35A of the Indian Constitution, which granted special status to the former state of Jammu and Kashmir. The unique status suggested that Jammu and Kashmir was distinct from the rest of the country, which aided separatism. The Modi government repealed the two articles in 2019, fulfilling a poll promise.
Ease of doing business and Industrial growth: According to the confederation, which has been urging the government for several years to implement dedicated policies and measures to combat alleged malpractices in the e-commerce space, “8 crore traders (represented by the confederation) of India feel digitally empowered and financially independent thanks to the ground-breaking innovation of UPI.”
Focus on Education
The government has taken major steps to promote access to education for young people by supporting the construction of universities, IITs, IIMS, and other comparable institutions across the country. The country’s university population has grown significantly in the last nine years, from 723 in 2014 to 1113 in 2023. Furthermore, 5,298 colleges have been constructed in the last 9 years (from 38,498 in 2014 to 43,796 in 2023), boosting student access to education across the country. It is worth noting that 43% of universities and 61.4 % of colleges are located in rural areas.
INCLUSIVE GOVERNANCE
Five times more Eklavaya Residential schools sanctioned since 2014 as compared to earlier 117 Aspirational Districts have surpassed their respective state average on development parameter.
Prioritizing the marginalised
71% of the farmers covered by PM Fasal Bima Yojana are SC/ST/OBC small and marginal farmers mostly, 80 percent SC/ST/OBC receiving income support under PM-KISAN. 45.45% of the houses under PMAY(G) for SC/ST, 58% of the scholarship recipients are SC/ST/OBC. 51% of the 40 crore MUDRA beneficiaries are SC/ST/OBC.
Highest ever representation for SCs, STS, and OBCS in the Union Council of Ministers. Introduction of 10% EWS quota in higher education.”Reservation for OBCs and EWS in All India Quota seats in medical education. Constitutional status to the National Commission for Backward Classes. Protection of rights of transgender persons through The Transgender Persons (Protection of Rights) Act 2019′.
Farmers welfare
Women Empowerment
Preserving and expanding cultural heritage
For decades, the country was the largest importer of defense equipment, but it is currently exporting defense equipment to 75 countries. In the last five years, India’s defense exports have surged sixfold, surpassing 1.5 billion US dollars last year.
These are a few examples of initiatives that demonstrate devotion and priority for the people of Bharat. No country would want to lose such a dedicated Prime Minister and his administration. It’s time to rally behind him and get him re-elected in 2024.
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