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INDIA UNDER MODI’S

REGIME
Presented by :
M.Ahmad Sharif , Saadullah ,
Shehryar Atiq , Malik Raffay ,
Rohan Elahi , Mohib ullah &
Ahmad Subhani
AGENDA

INTRODUCTION

Q1. MODI’S DEVELOPMENT STRATEGY


AND ITS SUCCESSFULNESS

Q2. WHAT SHOULD INDIAN LEADERS DO


NOW AND LESSONS FOR OTHER NATION

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INTRODUCTION

• IN 1950 , INDIA CREATED A MIXED ECONOMY AND IMPLEMENTED QUOTAS FOR THE LOWER CLASSES.
• ADOPTED THE “LICENSE RAJ” SYSTEM, WHICH LED TO SLOW RATES OF ECONOMIC GROWTH AND
INDUSTRIAL STATE CONTROL.
• INDIA BEGAN TO LIBERALIZE ITS ECONOMY IN 1985, AND MADE SIGNIFICANT CHANGES IN 1991 TO
INCREASE INVESTMENT AND COMMERCE.
• DUE TO FEWER REGULATIONS AND INVESTMENTS IN TECHNICAL EDUCATION, INDIA’S IT SERVICES
SECTOR EXPANDED QUICKLY
• FACED PROBLEMS FOLLOWING THE 2008 GLOBAL FINANCIAL CRISES, INCLUDING TRADE IMBALANCES,
SIGNIFICANT CORPORATE DEBT, AND INFRASTRUCTURAL DELAYS.
• CHANGES IN LEADERSHIP BETWEEN 2004 AND 2014 RESULTED IN A SHIFT IN POLICY FOCUS TOWARDS
GLOBAL COMPETITIVENESS AND SUSTAINABLE GROWTH.
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What has been Prime Minister Modis
development strategy, and how successful
has it been?
Focus on Economic Growth and Reform
• "Make in India," "Digital India," "Skill India," and "Startup India" campaigns.
• Balanced indirect taxation by introducing the goods and services Tax (GST)
• Bharat Mala Pari yojana, highway construction, metro rail projects, and
modern railway stations.
• Increased solar and wind capacity; achieved 40% RE capacity by 2022.-
• “Jan Dhan Yojana” financial equality program boosting bank account
penetration rates.
• Expanded Aadhaar coverage to 95% of adults by 2019.
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First Term
Basic Amenities
• Provided many homes with access to essential amenities like water, electricity, and
toilets.
• Construction of toilets across the country improved access to sanitation, supporting
public health initiatives.
• Expanded access to power for households, reducing energy poverty.
• Expanded tap water and cooking gas coverage, improving the quality of life.
Ease of Doing Business
• Boosted investment and reduced administrative burden.
• Improved India's position on the World Bank's Ease of Doing Business index
Infrastructure and Energy
• Construction of high-speed trains, modern railway stations, and airport construction.
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• Doubled capacity and ranked fifth globally by 2019.
Second Term
COVID-19
• Imposed long lockdowns to control the virus, causing economic disruptions
and job losses.
• Provided additional free rice and wheat every month to support the poor
during the pandemic.
Aatmanirbhar Bharat
• Focused on domestic production and reducing reliance on imports.
• Establishment of business utilizing government funding and research.
• Simplified 29 labor laws into four labor codes; consistency across states
remains a challenge.
• Aimed at creating a unified national market and connecting farmers with
retailers.
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Successfulness and future prospects.
Successes
• Achieved 72% of all privatization revenues since 1991.
• Progressed on targets, and set goals for net zero emissions by
2070. -
• The focus of National Educational policy 2020 was on skill
development and technical education
• Expansion on track to reach 200,000 km by 2024, one of the
largest road networks globally.
Future prospects
8 • Sustained infrastructure and energy development
What should Indian leaders do now?
What are lessons for other
countries and regions?
What Indian Leaders Should do now to promote Economic
Growth

Labour Training
• Focus on generating employment opportunities, particularly for youth and women, to
leverage the demographic dividend.
• Expand vocational training and education programs to enhance employability.
Boost Industrial Growth
• Provide targeted incentives for key sectors such as manufacturing and technology.
• Streamline regulatory processes to attract domestic and foreign investments.(Exhibit 1)
Strengthen Infrastructure
• Reduce logistics costs and improve connectivity to boost trade and business.
• Focus on renewable energy and transportation networks
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What Indian Leaders Should do now to promote Economic
Growth

Address Socio-economic Challenges


• Implement policies to close income and opportunity gaps, especially in education
and healthcare.
• Invest in healthcare and nutrition programs to boost productivity.
Encourage Innovation and Research
• Boost spending on research and development to foster innovation.
• Continue to nurture the startup ecosystem and encourage entrepreneurship.

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Lessons for Other Countries and regions

Leveraging Demographics
• Other countries can learn from India’s experience to capitalize on a young and
growing workforce.
Digital Infrastructure
• India's United Payment Interface (UPI) can serve as a model for modernizing
payment systems.
Inclusive Growth Strategies
• Prioritize strategies that focus on inclusive development and equitable
access to resources..

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Lessons for Other Countries and regions

Investment in Clean Energy


• Follow India's approach to set and achieve ambitious clean energy targets.
Navigating Challenges:
• Learn from India’s experience in simplifying regulations and reducing
bureaucratic hurdles.
• Avoid overly protectionist measures that may hinder long-term growth and
international trade.
Emphasize Education and Skills
• Focus on education and skill development for sustained growth and innovation.

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THANK YOU

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