Decisions of Prime Minister Narendra Modi

Decisions of Prime Minister Narendra Modi

Political influence over Government's Decisions:

A decision in favor of the public increases the vote bank because the people who are particularly be benefited from a specific decision usually become loyal to the decision maker. A decision leads to several impacts upon various categories of people. The decision of demonetization affected both positively and negatively. It affected positively to the people who are computer savvy, having skills of using ATMs, Debit and Credit Cards etc. But a large population of India still resides in rural India and not well versed with the technological tools. The decision of demonetization has been taken to control corruption, it may or may not control the corruption but there is disappointment among the rural people when interacted about the demonetization for controlling corruption. There is resentment in farmers, traders, and shopkeepers whenever interacted on demonetization. The Prime Minister's Office is working in coordination with NITI Ayog and Department of Administrative Reforms to take decisions on basis of reports and information available through ministers. The decisions are taken fairly but sometimes seems negative to few categories of people. In first quarter of Year 2018 (Jan-March, 2018), a lot of banking frauds disclosed and directly influenced the investors, banking employees, and customers. The PNB scam and misuse of SWIFT raised the questions on ethical behaviour expected from the banking customers. The Government of India took such types of irregularities very seriously and apart from Auditors, one more regulator is proposed to be in place. Each decision requires information and the role of Government Departments and Ministries cannot be under-estimated. The common man looked only the influence of decision on cost of living and his or her disposable income. 

Reduction in subsidies annoyed people:

Further, the reduction in the amount of subsidy in LPG cylinders also disappointed a large number of people. With this decision of reducing subsidies, nobody is expressing happiness. The common man is neglected because there was huge number of people getting the benefit of the subsidies of LPG. The persons who were misusing the subsidies with involvement of LPG distribution outlets; were not controlled directly. Such persons also became disappointed and be agent of telling reverse stories and their word of mouth affected a large community.

Imposition of taxes and price controls affected traders and companies

The prices of drugs are controlled with fixing the higher price limit of some drugs. The common man is benefited but at the same time, the companies relating to pharma products become disappointed and shopkeepers selling medical and pharma products affected badly. Imposition of tax on gold and jewelry made the goldsmiths disappointed and they also expressed their resentment by strikes in the markets. The imposition of tax on hotel services, reduced the profits of businessmen linked with hotel services and there is disappointment among them. The real estate businessmen also become disappointed due to implementation of RERA, however in this case; when interacted with the rural and urban people; there is positive sense and they are showing happiness. The number of people seeking houses and constructing homes or shops with white money; expressed happiness.

Disappointment of industrialists:

The big industrialists also showed disappointment for the implementation of Goods and Services Tax (GST) affecting negatively in terms of sales volume. The GST also disappointed small traders and the filing of returns of GST has become headache of each trader because the portals of GST are not so effective to operate GST related processes. The implementation of Government eMarketplace (GeM) in public sector organizations is a good step but again the employees associated with purchase matters are not so much literate to handle the computer-based purchase operations and there is disappointment among more than 50% employees.

Why the Government suffered more instead of good decisions for Indian Economy:

The decisions may be independent but for each decision, it is found that the preparedness of Government was weak and it resulted in more disappointment than satisfaction in the public. For example, the Demonetization affect the life of common men negatively because the banks were not fully prepared to bring the change. In 14^th century, Muhammad Bin Tughlaq, then ruler took the decision of ‘currency change’ without preparation and made great loss to the treasury. India still resides in villages and the assumption of cashless economy without preparation can prove very harmful to the economic position of India. There are various companies working globally to make the change happen by adopting step by step procedure. The decision of Demonetization was taken without consultation with RBI, CBI, or other reputed organizations.

Utilization of earnings for Economic Development:

The huge collection of revenues from Goods and Services Tax (GST), taxes on Petroleum Products, and reduction in subsidies; should be utilised for funding the development expenditures of India leading to the welfare of people. Only positive decisions can fill the disappointed hearts of people with satisfaction. 

Indians have huge potential - Require Commitment to achieve Goals

'When we want to earn knowledge, learn something new or do it, we should make use of every single moment. And when we have to earn money, that is, progress and growth, every particle, every resource, should be used optimally: PM Modi'

It is fact that dreams are not completed by just imagination.

It requires time to focus upon new learning, new styles, and new

methods to perform things better than the earlier. 

*Copyright © 2018 Dr. Lalit Kumar. All rights reserved. 

This content is written by Dr. Lalit Kumar Setia; a renowned author and trainer. He completed his Doctorate in Commerce from Kurukshetra University Kurukshetra and MBA in Information Technology from GJU, Hisar. He also wrote two books, 15 research papers, and organized more than 200 Training Courses during his working period since 2006 in Haryana Institute of Public Administration, Gurugram. The article was published on 23rd December 2021 and last updated on 23rd December 2021. The writer can be contacted on lalitkumarsetia@gmail.com 

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