Indian Economy surpassing CHINA’s Economic figures by its 7.3% Growth Mark.
India to become fastest-growing economy in PM Narendra Modi government’s 4th year: ~World Bank
Indian economy is reviving its pace, as current figures illustrating the results. Although this growth pace of economy will be projected to increase by World bank, edging past china. UN World Economic Situation and Prospects, WESP also indicating such growth will increase the economic situation in south Asia constituting stronger domestic consumption and investment environment and picking up a pace in exporting, bringing down inflation in a region. All factors will sort for improvement in social, political and infrastructural situations that constitute major concerns in a region.
Our Prime Minister exemplary leadership, country has witness an unparalleled achievement in its a completion of a year tenure. He destined to envision Zero defect policy framework to ease out business opportunities. His unstinted efforts to change India’s global image at world wide to welcome the business investors. His vision remarks for better innovation, accountability and transparency in development policies. All needs to strike for sustainable, better Innovative and environment friendly measures for development.
Current figures are providing the basis to focus government’s achievements into four areas, corruption-free governance, economic diplomacy, and empowerment of states. With transformational changes being envisioned not only on the economic front but on the social, technology and foreign policy fronts as well, the first anniversary. The financial inclusion delivery mechanism through interlinking Adhaar card and opening of Bank Accounts with holder covering its life, accidental insurances &initializing pension schemes. Other factor that puts its impinge by Strong action to pass critical bills through Parliament, roll out of campaigns for financial inclusion, social security and direct transfer of subsidies, initiatives in power, coal and mining have imparted huge credibility to the new Government.
The Strategies incorporated by the government with multi-pronged strategic economic reforms package will meet the aspirations and expected to hit double figure of GDP growth.
10 Comments. Leave new
Nice article
Its commendable that we did this.. but it will be better if we achieve such results in other areas like inequality etc
A good overview !
A very nice article!
Well Structured Article 😀
Good work 😀
well written
India has great potential
Indian Economy is doing really well and the day is not far , it will definitely be able to compete and surpass China’s Growth Rate !
very well written !
Good work!
great work