The Man of Yojnas: Narendra Modi
Issue 17 | October 11, 2020
The eruption of the Coronavirus (COVID-19) in China and the pandemic it brought along with it has been challenging for the whole world. The world economy has plummeted in the wake of the pandemic, and statistics suggest that there has been an acute and horrific rise in the unemployment rate at all levels- national and global. With most developed and developing nations introducing numerous national policies to mitigate the impact of the unforeseen circumstances and to help the economies recover, India is not staying behind in the race to eat the dirt. The Indian Government also has a mighty trick up its sleeve -the Aatmanirbhar Bharat Abhiyaan!
Prime Minister Narendra Modi, along with his cabinet ministers, has been taking several steps lately to ensure that the country is well prepared to face the inevitable challenges inbound due to the pandemic. Although there are many involved with the Government in realizing its duties, this piece acknowledges the brilliance of the mastermind behind the yojana- Narendra Modi.
Born to a Gujarati family in Vadnagar, Modi helped his father sell tea as a child. Modi has said that he later ran a stall at Vadnagar railway station (along with his brother). After completing his higher secondary education in Vadnagar in 1967, Modi joined the Rashtriya Swayamsevak Sangh (RSS) and began attending its local training sessions under the mentorship of Lakshmanrao Inamdar (popular as Vakil Saheb). In 1978, Modi received a Bachelor of Arts degree in political science from the School of Open Learning, University of Delhi. Five years later, he received a Master of Arts degree in political science from Gujarat University.
Being an RSS cadet paid off, and turned Modi into what he is today- The Prime Minister of India. But with great power, comes greater responsibility, and there is no better set of circumstances than a global pandemic to determine the mettle of a democratic leader.
With aligned campaigns like Make in India and Aatmanirbhar Bharat, Modi has helped India to leap in the right direction (towards self-reliance). Earlier, even rudimentary personal safety equipment like face masks, shields, and PPE suits was not manufactured indigenously and was imported from trade partners. However, from an absolute zero (until just a few months ago), India now manufactures more than 4.5 lakh of each of these in one day in its fight against the coronavirus outbreak.
The Make in India campaign has been a huge success. And statistically speaking, FDI inflow increased up to 29% during the first 15 months of launching the programme. Talking about FDI equity inflow, there has been a significant surge of 36%. The initiatives taken under Make in India to improve the national business environment and under Aatmanirbhar Bharat Abhiyaan to stimulate the economic activity of the nation are highly likely to meet with success in the long-run.
Self-reliance was the stated goal of economic policy in India in the early years after independence. Although the Modi government doesn’t accredit his efforts, Jawaharlal Nehru was the main architect of this plan. The Government in May, under the Aatmanirbhar Bharat Abhiyaan, announced a stimulus economic package of Rs. 20,000 lakh crores in 5 distinct tranches. The package was announced taking different sectors into the consideration and the tranches were released in a span of five consecutive days. The first part (announced on May 13, 2020) was associated with MSMEs. The second part was associated with the welfare of migrant workers and farmers. The third was related to the Agricultural sector. The fourth portion of the package was growth-oriented seeking up-gradation of the industrial sector, private investment in the mineral sector, etc. And the fifth tranche was related to government reforms and enablers.
Simply put, a decade’s worth of reforms were undertaken in just a week, and these are the kind of quick and astute responses citizens yearn for, as they are bound to make our nation flourish.