Modi government develops comprehensively
In the past ten years, India has not only achieved comprehensive development domestically, but has also established its status as a developed country in the world. Heads of state recognize India’s rising power and especially accept the leadership of Prime Minister Modi. The success of the regional air connectivity program UDAN has proven to be a revolutionary step. It has been dedicated to the ordinary citizens of the country. The aim is to simplify regional air connectivity. India has made similar progress in various fields. Bhutanese Prime Minister Dasho Tshering Togai said in an interview that the world needs India. Nobel laureate Paul Romer also acknowledged India’s important role on the world stage and described the biometric system Aadhaar as a revolutionary initiative.
Union Civil Aviation Minister K Rammohan Naidu said the government has decided to extend the regional air connectivity scheme UDAN for the next 10 years. The announcement was made in Delhi as the UDAN program completes eight years. To date, the program has operated 601 routes and 71 airports. The project was launched on October 21, 2016. The Ministry of Civil Aviation said that a total of 86 airports (71 airports, 13 heliports and 2 water airports) are operational. So far, more than 1.44 billion passengers have been facilitated on more than 280,000 flights. As a result, the number of airports in India will increase from 74 in 2014 to 157 in 2024. The goal is to reach 350-400 vehicles by 2047.
Public confidence in Jan Oshadi Kendra
The central government said the benefits of Jan Oshadi Kendras are being enjoyed by common people in every nook and corner of the country. By October this year, the turnover of 14,000 Jan Aushadhi centers crossed the Rs 1,000-crore mark. Information shows that the Drugs and Medical Devices Bureau of India (PMBI) sold drugs worth Rs 2 billion in September 2024 alone. Today, there are more than 14,000 Jan Aushadhi Kendras across the country from where people can buy medicines at affordable prices. The number of Jan Aushadhi stores in the country has increased more than 170 times in the past decade. In the next two years, the government plans to open about 25,000 Jan Aushadhi centers across the country.
Increased digitization of land records
Union Rural Development Minister Shivraj Singh Chauhan said land records of 626,000 villages have been digitized since 2016. This includes about 95% of the villages in the country. About 5,000 sub-registries handling such records have been computerized. He said this success was achieved through the Digital India Land Records Modernization Program launched in April 2016. The government aims to reduce legal disputes related to land ownership. About 22.3 million maps have been digitized so far, he said.
Exports of software services increase
Similarly, the Reserve Bank of India released data from the Annual Survey of Computer Software and Information Technology Services (2023-24). According to data from the Reserve Bank of India, India’s software services exports grew by 2.8% in 2023-24 to reach $190.7 billion. Exports of software services have grown significantly among private limited companies compared to public limited companies.
Reserve Bank of India appreciates this development
The Reserve Bank’s October communiqué also stated that private investment makes an important contribution to strengthening India’s development prospects. The announcement has already mentioned the first half of 2024. It is understood that the global economy remains flexible. Inflation has also fallen. Despite political tensions in India, development efforts are being supported. However, the report also noted that growth slowed down in the second quarter of 2024-25, possibly due to heavy rains in August and September.
Emaar India’s investment decisions
In view of the changing domestic environment, Emaar India has decided to invest Rs 2,000 crore in the suburbs of Mumbai within 6-7 years. Emaar Group said it had no special reason to stay away from Mumbai for a long time. The group is committed to the development of metropolitan areas. Mumbai is very important to him. The company said it plans to invest around Rs 15,500 crore in real estate across the country in the next few years.
Indian clothing flag in the world
It is estimated that the revenue of Indian apparel exporters will grow by 9-11% in FY2025. Positive signs will start to appear in 2024. This estimate is based on report cards of 15 apparel exporting companies. These companies account for about 15% of India’s total apparel exports. Although the situation is unfavorable, the signs are positive, the report said. Indian apparel has seen increased acceptance and sales in the global market. Proposed free trade agreements with the UK and EU are expected to give a boost to the industry.
Mega city mega bus missions across the country
On the other hand, the central government is ready to launch the urban giant bus mission and plans to introduce 100,000 electric buses in more than 100 cities across the country in the next five years. The project is worth approximately Rs 175 crore. This includes work on electric buses and related infrastructure, including bus stations, terminals and garages. The mission also includes the creation of 5,000 kilometers of walking and cycling trails. The mission will be launched in 2025 and completed by 2029-30.
