Four years of the Modi government have come to a close and it’s that time of the year when citizens of this nation decide to look back and analyse major reforms brought by the NDA government so as to decide which party to vote for in the next general assembly elections.
While the NDA government has diligently filled in their KRAs (Key Result Areas) hoping for an appraisal next year, the Opposition led by the Congress has announced that they will observe “Vishwasghat Divas” or Betrayal Day across the country “to highlight the failure of pre-poll promises and misgovernance of the BJP-led government.
Let’s take a look at the major reforms brought in by the NDA government:
On a larger scale, demonetization affected businesses, slowed growth due to reduced demand and adversely hit the manufacturing and real estate sector. The cherry on the cake was when about 10 months later, the Reserve Bank of India (RBI) released data which suggested that 98.96 percent of withdrawn currency was deposited with the banks rendering the exercise almost futile.
However, the BJP government claimed that the policy did help in checking the circulation of counterfeit currency and cross border terror funding. They also attributed the decrease in stone pelting incidences in Jammu and Kashmir to Modi’s demonetisaion.