In 2014, Prime Minister Narendra Modi took on a crucial responsibility to repair the economy, streamline governance systems and script a new development narrative. Many of the policies and initiatives that were started in the last decade propelled India far ahead in terms of global standings and emerged as a bright spot. All sections' aspirations, hopes, and dreams, be they from any geographical region of the country, village, or city, including the left-off marginalised sections of society, have been duly catered to. The intent has been crystal clear, i.e. to ensure comprehensive, widespread, and inclusive all-around development. The mantra of Sabka Saath, Sabka Vikas, Sabka Vishwas and Sabka Prayas has ensured that the rights of the people reach them without any hindrance.
India has ascended from the 11th to the 5th largest economy after 2014. While the first decade of the century was Labelled the 'Lost Decade,' India, the current era is now hailed as 'India's Decade.' All this has been achieved on account of the ethos reflected in the quote by PM;
Our Seva Kaal Began When Our Government Came To Power In 2014
The bold reforms have solidified and propelled development at every nook and corner of the nation, fostering pride among all. India's strides in e-governance, under the guidance of PM Narendra Modi, have garnered global acclaim. Bharat's tech-driven governance has become a worldwide model, recognised even by the International Monetary Fund (IMF) for its contribution to formalising the economy and diminishing inefficiencies. Instead, all-encompassing preparations backed by rigorous cost-benefit analysis, fiscal discipline, and targeted campaigns achieve 100% saturation in all critical schemes, prioritising unreached and marginalised.
The Direct Benefits Transfer (DBT) initiative utilised the "JAM" trinity (Jan Dhan, Aadhar, Mobile) to directly deposit subsidies into beneficiaries' bank accounts and address the subsidy disbursement inefficiencies, such as corruption, leakage and delays. While the helpless public during the pre-2014 era had to bite the hard bullet that merely 15 paise out of every rupee assigned by the Union Government would reach its designated recipients, now, the PM Modi era, streamlined DBT has not just salvaged the 85 paise that previously went astray, but also increased financial inclusion.
PM Modi introduced the 'Amrit Stambh' concept to signify his vision for a developed India on November 15, 2023, emphasising four pillars: women's power, youth power, Annadatas, and neo-middle class. Civil servants at all levels, from joint secretaries to gram panchayat officials, were galvanised to instil collective responsibility and active engagement towards national development. The astute leadership ensured that massive and direct reach of delivery of benefits reached women, farmers, the poor, youth and the underprivileged, even in the remotest villages. Never ever before in history have people been empowered as growth collaborators instead of mere recipients of schemes.
TANGIBLE OUTCOMES
Women
Female enrollment in higher education has gone up by 28% in 10 years, with 43% female enrollment in STEM courses. Thirty crore MUDRA loans have been given to women so far. One crore women achieved 'Lakhpati Didi' status; the target has now raised from 2 crore to 3 crore 'Lakhpati Didis'. 70% of houses under PM Awas Yojana are allocated to women. Now, Ayushman Bharat is extended to all ASHA and Anganwadi workers. Cervical cancer vaccination for girls in the age group of 9-14 years.
Garib/Neo-Middle Class
With the message of Garib Kalyan for Desh Ka Kalyan, 25 crore people have been pulled out of multi-dimensional poverty in the last ten years. Direct Benefit Transfer saved Rs. 2.7 lakh crore, enabling increased welfare funds for the poor. Nearly three crore houses were built under PM Awas Yojana; an additional two crore houses will be built in the next five years. PM SVANIDHI extended credit assistance to 78 lakh street vendors. PM JANMAN Yojana benefits have reached Particularly Vulnerable Tribal Groups to address their specific needs and challenges. PM Vishwakarma Yojana provides comprehensive support to artisans and craftspeople.
Farmers
PM Kisan Samman Nidhi has provided financial assistance to 11.8 crore farmers. Crop insurance has been given to 4 crore farmers under PM Fasal Bima Yojana. e-NAM integrated 1361 mandis and is providing services to 1.8 crore farmers with a trading value of over Rs. 3 lakh crore. Private & public investment in post-harvest activities has been promoted. Nano DAP Application on various crops was expanded in all agroclimatic zones. Aatmanirbhar Oilseeds Abhiyan Strategy was formulated for achieving self-reliance in oilseeds, and 5 Integrated Aquaparks were set up.
Youth
National Education Policy 2020 ushered in transformational reforms, and PM SHRI schools are delivering quality education. The unemployment rate has witnessed a decline from 6.1% in 2017-18 to 3.2% in 2022-23.1.4 crore youth trained under Skill India Mission. 3000 new ITIs were established. 7 IITs, 16 IIITs, 7 IIMs, 15 AIIMS, and 390 universities were set up. A Rs. 1 lakh crore corpus was allocated to boost research and innovation.
Prime Minister Narendra Modi's aspiration to elevate India into a five trillion-dollar economy by 2025 has instilled hope among the populace and fostered considerable optimism towards India globally. "Modinomics" that underscores Modi's tenure, defined by an unwavering drive for holistic reforms and a dedicated commitment to usher in transformative change, has been the real magic for Bharat's transformation.
