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NARENDRA MODI - DAY 43 IN OFFICE


08-07-2014NARENDRA MODI - DAY 43 IN OFFICE


Here are the highlights for Day 43 of Modi government

  • Railway minister DV Sadananda Gowda presented his first budget. The budget introduced a string of passenger-friendly criteria such as bullet trains, revamping of reservation system and better quality of food,
  • In a drive to start bullet trains in India, Railway Minister proposed to start first bullet train in Modi's hometown Gujarat.
  • Modi was all praise for his government after the first Railway Budget was announced. He considered the budget as a 'growth engine'. It not only reflects the development in the railway sector but the development of the country as a whole. It will further encourage 'transparency and integrity'.
  • William Hague and George Osborne, the British ministers, who reached India today are likely to meet Modi this evening. As per the reports, Osborne desires to strike a deal with India in the defence and construction sectors.
  • The decisions made by the Modi government seems to have impressed the foreign investors. Praising Modi, Piyush Gupta, chief executive, DBS Bank said that the newly-formed government has shown that it not only makes promises but also puts them into execution.
  • India seems to have opened doors to Pakistan. After the successful meeting of Modi with Sharif, the government is now considering the idea of making Pakistani sim cards functional in India.
  • The name of the new BJP President will be announced tomorrow by Narendra Modi. The post is likely to be given to Amit Shah.
  • It has been observed that many of the social sector schemes have so long names that it becomes difficult for the target groups to reach them. The Modi government is thinking on cutting down such long and tedious names. Some of the schemes that are likely to get a new name are the National Land Record Modernisation Programme (NLRMP), the Integrated Watershed Management Programme (IWMP).
  • In order to meet the requirements of various insurance companies, the Finance Ministry is considering the proposal of increasing FDI (Foreign Direct Investment ) to 49%. 

 

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Last Updated on July 8, 2014, 5:44 pm