Business News This Week
The current political scenario has been much improved since the stable government is given mendate by the people in general elections, 2014.
Much speculations about a ganging government were proved myth, and finally the Bharatiya Janata Party (BJP) got the clear majority – formed the government at centre.
Prime Minister Narendra Modi has completed fist 100 days in office, people from all the corner of the country have been praising the development work carried in these 100 days.
The impact is clear and loud as for the first time manufacturing sector has gained momentum in last three months.
There were signs of weaken inflation rate, and the stock markets have been gaining keeping investors expectations up.
Economic progress is visible as the current account deficit is down.
There has been improvement in the economic scenario, and the country is heading towards economic growth freeing it from the clutches of slowdown.
In political scenario, there is stability is the country so the business in Parliament is going well. Government has been bringing many welfare schemes for the betterment of the people.
In order to connect people to banking, the government of India has started ‘Jan Dhan Yojna’, that added more than one crore bank account. The government aims add around seven crore bank account.
In the arena of foreign policy also, the government has been doing well. However, the ceasefire violation by the neighbor Pakistan is concern.
The recent visit to Japan, could be another milestone for India’s progress. The Prime Minister hold meeting with his counterpart in Japan.
Japan assures to invest in India for next five year for the progress and the Prime Minister of India, Narendra Modi has assured for speed clearance of the investment projects from Japan.
In media, there were reports about the 100 days report card about the NDA government. Those say that the people are happy about the work is being carried out by the government in these 100 days.
The recent by-elections are however a jolt to the BJP, where the anti-BJP parties have won there.
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