India expected a fresh wind is blowing. The new government, the country has a decisive mandate, the country’s development agenda is increasing rapidly. Events in the past twelve months, which has changed, he has built the national psyche. The global investors were already raising questions about India, they are things to improve growth prospects in the country. Clearly, a better destination for India has emerged as the global economy, which is constantly deals with geo-political and economic adversity.
India came into view, the main reason for this change is a positive energy and dynamics of the Prime Minister Narendra Modi. Not only did he lead from the front, but there are also talking about the next generation reforms. The story of India and its long-term ability of the individual to be contacted by world leaders and global investors. This industry has a lot of faith. Whether domestic manufacturing and job creation to revive ‘make India’s initiative or ordinance relating to land acquisition and decided to bring the bill to the insurance, the government has indicated positive on the economic front.
The biggest thing is that the policy of the government to introduce a new approach, giving India drew the attention of the world is once again. Whether foreign or defense policy or government administrative machinery more attractive and assertive approach to fit with a case or social welfare program, government policy-making is showing a clear difference.
PM to focus on the little things and the way to implement it well and a broad vision for the nation is exemplary. I plan Clean India campaign and public funds have a profound impact on the country, because their aim is to give people basic rights. In addition, the government is not ashamed to give subsidies to the poor, but also to improve the distribution system is a priority. Our country is not the lack of resources and solutions, has changed our attitude towards just that. “Digital India ‘initiative as long bridge between India and India and will help maximize the regime.
The greatest strength of India’s youth power (demographic dividend), which is at the core of the new government’s policy-making. Government to focus on building skills of youth is admirable. India not only, but also for the world economy could become a hotbed of human resources supply. Agriculture and environmental improvements to building a modern efficient ecosystem-wide impact. With the development of physical infrastructure development, institutional structures must match exactly, which India must do.
Inclusive growth is a priority for any country. And when the Indian economy opened up, work on this front, we have enough. Various socio-economic parameters such as improved education and health services, as well as the average age is increased availability, but we have a long way to go.
Development and social welfare in the name of the last several decades, the government subsidy has gone into heavy losses. From road construction and school health services to the people, the government is supposed to do everything. Government should continue? The course can not be diverted away from social welfare and development, but it is time for a new approach to keeping and some tough decisions. What market forces and competition can tell it better.
Take the example of the telecommunications sector. In 1990, the density of telecommunications in India was less than three per cent in the rural areas was almost zero. But today, the figure is 75 per cent and 45 per cent in rural areas. Telecom’s positive impact and job creation, efficiency and impact on GDP, see the qualitative. Certainly the study of economic reform and the free market is the best subject. The telecommunications revolution led by private mobile operators across the country to overcome the digital inequality. 38.5 million mobile subscribers in rural India is still, 90 percent of which are dependent on the consumer private network operators worldwide who are talking on the minimum call rate. Consumers have several options, which are private operators call rates. Some success stories like banking, insurance, are likely to see in the areas of food processing.
The industry strongly supports the government’s point of view and is willing to invest in the development of India. Regular dose of reforms and we need to build a business environment which promotes innovation and entrepreneurship. We have made a good start. I feel like the last half decade as China, India can be the same way the next decade. We have to build the future of India.