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Kishor Satwick, FCA

A look back at the amazing last few years of MODI Government

It is really difficult to single out the achievements of 2022 without taking into consideration all the achievements of Modi government so far since the election of BJP government in 2014. Two of the most prominent domestic policy achievements so far are “Demonetization” and “Abrogation of Article 370”.

Long plagued by scourge of black money and counterfeits, Modi government, by demonetizing Rs.500 and Rs.1,000 notes, has brought transparency to all the monetary transactions. This has allowed to India to create its own position in the international forum.

The second achievement – a paramount achievement – was the abrogation of Article 370 and (35) A, which had granted a special status to union territory of Jammu and Kashmir, and Ladakh. By abrogating Article 370, Modi government has brought them in mainstream. The government also announced the split of the state into two Union Territories of Jammu and Kashmir and Ladakh.

Not only the policy achievements, but the handling of crises that arose was also awe inspiring.

Faced a Herculean task in combating COVID, Modi government not only managed the containment, but also developed two indigenous vaccines and vaccinated almost all of its population of 1.4 billion people. In the process, it also lent a helping hand to its neighbours.

It also launched “Ayushman Bharat” – a scheme for low-income earners under which around 22 crore people have registered.

On the international front, it really did shine through starting from Afghanistan, which saw India rescuing around 700 people when Taliban took power.

In Ukraine, not only Modi government managed to rescue Indians but also rescued citizens of neighbouring countries.”

The surgical strikes at Balakot, and clashes at Galwan and Tawang, have showed the enemy that it is resolute in the defence of India and is ready to inflict massive costs on the enemy.

But there was also a notable policy setback regarding Farm Laws which was introduced for the betterment of the farmers but was later withdrawn in the interest of the nation due to ferocious pressure tactics of vested interests, foreign media and local leftist activists.

Despite negative narratives being periodically built by the Western Media and their stooges in India, the future for India is bright. There are also the remaining tasks like CAA, NRC, Population Control Bill, Anti-Conversion Bill which need to be fulfilled. Just like Abrogation of Article 370, these tasks too would be fulfilled.

Regarding economy, IMF and WB have already acknowledged that India would be the fastest growing economy from 2022 onwards despite recessionary trends experienced by the Western Nations.

The Presidency and hosting of the G20 Summit in 2023 is a testament of the growing stature and power of India in the international arena.

Kishor Satwick, FCA

(The author is a practicing Chartered Accountant in Mumbai, India

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