Showing posts with label stockmarket. Show all posts
Showing posts with label stockmarket. Show all posts

Tuesday, 2 September 2014

100 DAYS OF NAMONIA

Today NDA government led by Narendra Modi, prime minister of our country completed its 100 days in India. It was 26-May-2014 when Modi ji sworn in as next prime minister of biggest Democracy. Many things are changed since then; these 100 days are not enough to judge the calibre and potential of Mr. Modi. Being the CM of Gujrat from 2002-2014, he has transformed Gujrat allot. Gujrat is the richest state in India, highest in getting investor and highest in revenue making. Many people were trying to create a rude image of Mr. Modi during election and before it. But as Victor Hugo said 

“All the forces in the world are not so powerful as an idea whose time has come”, 

which is correct only God can change someone’s fortune not by handful of people who can’t see someone’s success.
Modi’s best action was on creating a SIT for black money, Supreme Court of India ordered GOI in 2010 for this but UPA didn’t performed it. And due to this effort Supreme Court gave an appraisal for NDA, because new govt. is dedicated to take back black money from foreign banks.
A good budget by Finance Minister Mr. Arun Jaitley was a healthy sign that new govt. is focussed on nation’s development. Many good projects such as 100 smart cities, cleaning Ganga, new IIM-IIT etc. were cherry on the cake. Plus encouraging investors in investing in market and increasing tax slab up to 50,000 more was also a great move, which is my favourite too.
Ending the collegium system in judiciary appointment was another good move, abolishing many old laws which were hindrances in many departments. But still many things have to be done, but this govt. is focusing on development and development, nothing else. Digital India, Jan-Dhan yojana, skilled India, Namami Ganga yojana will be a great game changer.

Government is trying really hard to change the condition of our country, and we can see that effort or indication as GDP in first quarter is 5.7%. It can be increased in next quarter and I believe it will be above 6%.
 But still many leaders and paid media channels are showing that this govt. is failed and nothing good has been done by them. I mean seriously, do you think that all Indian citizens are fool. Majority of people are happy with this govt. but still many people are finding errors at microscopic level. If someone is doing something without any personal benefit, we should respect that. May God help them to overcome their doubts and I wish their view related to Mr. Modi will change soon. I hope what Mr. Modi is seeing for India they could help him with his vision.
 I hope they start believing in 

“Sabka Saath, Sabka Vikas”,

 and leaving their politics aside. What this new govt. got from previous one is not a thing to discuss now and neither I am going to discuss. But I hope all the faults and mistakes done by UPA could overcome by Modi ji- I wish him good luck and I wish him success in his vision.

Thursday, 28 August 2014

Jan-Dhan Yojana

28/08/2014, ThursdayToday our Prime Minister launched a scheme termed as “Jan-Dhan”. As the name suggest it means everyone has the right to have money in his pocket, this scheme is basically focussed on the welfare of poor and needy people who can’t afford easy life, who don’t have good financial conditions, who struggles  with the daily life for small-small needs, who wants a good and respectable life but they don’t get. This scheme will be beneficial for them and this will help them to do a fresh start. A poor person can imagine comfort, good food, good health care etc. only in his dreams, but after implementation of this scheme in grass root level every poor person will observe a change in his life. This initiative by Mr. Narendra Modi will do a great change in the life of millions of millions poor people.A tea vendor, a vegetable vendor, a newspaper seller, a waiter, a sweeper, a ice cream seller and many other persons, who does small scale work or labour deserves  a respectable and comfortable life but they don’t have it. They try too much in their life to change their financial conditions, but they are not successful in doing this. I hope this scheme will make them self dependent and I hope poor class of our country will stand up for their betterment.In this scheme, Govt. Have a target to provide free bank account for two persons of every poor family. They says they are going to enroll 7.5 crores poor family, it means near about 15 crores will get direct benefit from this. All the enrolled people will get benefit of Govt. Subsidies directly into their accounts. Whenever any Govt. starts a scheme or an initiative to change lives of poor, the benefit is never reached towards those poor due to a big corrupt chain of politicians, bureaucrats etc. But after this scheme I believe the poor will get their right, and in term of emergency they will get loan from the Govt directly means no roll of money lenders and intermediates. Govt to poor JNow I want to discuss the benefits of this scheme. The Govt of India will enroll people within few minutes without any form problems, attestations etc. using Aadhar card, Driving license, Ration cards etc. if they don’t have these, they required only one letter from Sarpanch (head of a village) or pradhan (head of all wards). After opening account they will get a Ru-Pay atm card and a health insurance of one lac rupees through it. A rich person or a person from middle class background can afford a health insurance, if they face a physical problem, they can consult any hospital - any doctor but a poor can’t get this attention throughout his life. Now he will feel secure in this department, he will get proper medical care and with full expenses, doctors will take care of them.This scheme will open new banks for a population of 2000 in a village. The villagers won’t need to run to city for their benefits, in short they won’t need to suffer anymore. Banks will run towards them. The woman of the family will get a credit card, which they can use when they have urgency. Today many records were created and many were broken 1.5 crore account were opened and never in the history of insurance sector 1.5 crore person were given accidental insurance in a day.This step will include all the poor people in the mainstream of nation’s development. I wish this scheme will help to eradicate poverty of poor people and help their life to move ahead towards betterment. They will check their bank account by just dialling *99# and they can check it from top to bottom, really it’s a great step to eradicate poverty, and I hope the depth between poor and rich will be filled by it.