Mr. Narendra Modi from the days of his CM days, always focused on rural segment. One of the best example is the electrification in Gujrat. During general election 2014, Mr. Narendra Modi focused on rural citizen and proposed multiple initiative which he is going to take if elected for Prime Minister office. Indian economy took around 24 months to stand on its feet and his initiative to streamline the processes to cut the red tapes as well as to build the confidence of citizen on his governance. It is true that he cannot make everyone happy but time to time survey on his performance indicates that broader section of India like the way he is running the country.
He is fortunate that Oil prices
nosedived the day he assumed office but he resisted in reducing the price of
oil such as Petrol or Diesel with a notion that he will be using the generated revenue
in the welfare of Indian citizen.
He is well aware that India will
not prosper till rural sector stand on their feet especially post two years of
drought as well as disastrous crops
production. Third year luck came on his side and monsoon across India
came around 97%. It is expected that crop production will be bumper and cash
flow will be there in the rural sector.
To add the additional revenue
stream for the rural sector, he proposed to all Indians to use locally made
lights, candles, sweets, gift item, handicrafts etc during festival season. As
we all know that earlier, festival season in India used to considered as major
earning season for the rural sector based citizen. Unfortunately, the free
trade and flood of low cost, low quality product with very high margin drifted
all businessman to import lights, candles, chocolates, gift items dried down
rural sector earning potential.
Mr.Modi is using current geo
political situation in Asia and is urging common citizen to turn around to
local procurement for such item and it will help rural sector to generate
additional cash which in turn will be flowed back into economy. Once it's done
for first time then auto economic scenario will kick in. It will help rural
sector farmers and businessman to pay back their debts to bank without
impacting their existing reserve which will help Indian bank to reduce their
provisions. The above cascading eco connect will help government to reduce
their fiscal deficit and inturn get better rating from the rating agencies.
Given the above benefits, I
believe that Mr. Narendra Modi Initiative should be supported by each and every
Indian as it will ultimately help all of us directly or indirectly.
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yes we agree with this ideas...
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