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8/12/2019 NDA Golden Years
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The Glorious and Unmatched Legacy of theBJP led NDA under the Visionary Leadership
LEAVING A
LEGACYShri Atal BIhari Vajpayee 1998 - 2004
BHARATIYA JANATA PARTY
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Internal Peace and Security
DigitalRevolu on
A Booming EconomyCompulsory Educa on
Boost to InfrastructureGlobal Pres ge: ForeignPolicy Breakthroughs
Making Villages Vibrant
Food Security
BJPled NDAReforms that Transformed India like Never Before
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1998-2004GDP almost doubled from 4.3% to 8%
Lowest [email protected]% in the last 15 years
Telecom revolution to makeCell phones affordable tothe common man
Swayam Siddha : EmpoweringWomen by giving access tomicro credit throughGram Panchayats
Free Food Grainsof 87 L Metric tonsto ght Drought
National HealthPolicy to increasehealth expenditureand ght Polio & TB
Antyodaya Anna Yojana:Largest Food Security Programfor the Poor in the world totouch 2 cr poor families
Sarva Shiksha Abhiyan:Universal Education to all &free education to 6-14 age group
50% of the National Highwaysin the last 30 yrs built duringthe BJP-NDA rule
Created 58 millionmore jobs than UPA 1
The Bold & Humane face of Reforms
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Inherited aWeak Economy What NDABequeathed
Interest Rate 12 % 5.7%
GDP Growth
Ina on (CPI)
Current A/C Decit
Forex Reserves
4.3 %
6. 9%
1.4%
$29.4B
8%
3.9%
+2.3%
$113B
The Golden Period of Indian Economy
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4
6
8
1
G D P G r o w t h
( % )
N D A v s U P A
J o b s C r e a t e
d ( m n
)
N D A v s U P A
0
10
20
30
40
50
60
70
80 2000-2005
2004-5 to 2009-10
BJP LedNDA
CONGRES LedUPA
Where theBJP led NDAtook theEconomyto in a spanof 5 Years
GrowthREPORT
The economythe BJPinherited
Brought Back toSquare One by theCongress Led UPA
1997-98 2003-04 2012-13
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New Milestones in Educa onHealthcare Ini a vesTelecom & IT Revolu onRevival of the Economy
Housing Revival
Boost To Construc on
Agriculture Reform Women Empowerment Food Ina on Control Energy Oil & Gas Reforms
Antyodaya Anna Yojana Employment Foreign Policy breakthroughswith US, Pakistan & Russia
Major Legisla ons
Path Breaking Reforms across Sectorstouching the lives of One and All
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60.7 million jobs created during 200005 lac vs 2.7 million jobs between 2005 2010
100 crore man days/year workgenerated under FoodForWorkSampoorna Grameen Rozgar Yojana
84 lac selfemployment opportuni escreated from 2001 to 2004
Housing loan interest rates lowered to7.5% from 1718% in 1996971
73 la dwelling units sanc oned byHousing & Urban DevelopmentCorpora on Ltd. (HUDCO) since 1998compared to 65 lakh dwelling units over28 year period star ng 1970
Over 50 lac units in rural areas 90% forthe poor
HUDCO sanc ons for urban infrastructure
were over Rs. 26,000 crore compared toRs. 4,040 crore since 1970
Valmiki Ambedkar Awas Yojana launchedin December 2001 to ease the misery ofurban slum dwellers
Average food ina on duringNDA government controlled at4.2% vs 9.9% in Dec 2013
FoodInation
ReformsMee ng Aspira ons for a Be er Life
HousingJobs
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Catalyzing TelecomChanging the Geographic Landscape
50% of the highways in the last 30 yearswere built during the 5 Year NDA rule
Na onal Rail Vikas Yojana to boostGoldern Quadrilateral and diagonalnetwork with high speed trains
Gram Sadak Yojana a massive rural roadProject launched in 2000 for be er access
A unique River Interlinking Project announcedfor be er u lisa on of water resource
Open Skies Policy and Priva sa on andmodernisa on of Airports
Private sector entry into Airlines
Visionary Telecom Policy Unveiled
FDI in Telecom raised to 49 %
Private sector share went up from
4.7% in 98 to 35% in 04 Jan Incoming Calls made Free from Rs 16/min
GSM connec ons up to Rs 2.6 cr( by Mar 2004) from Rs 12 lac ( Mar 98)
Internet Subscribers up from Rs 2.3 Lac to Rs 40.5L
Rs 4.3 cr Land lines issued vs only 2.3 crissued since 1947
Tarrifs slashed Rs 15 to Rs 2/min for local calls
PCOs up to Rs 19.2 lac from Rs 4.2 lac
Boost to Infrastructure
Economic Reforms-1/2
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Introduced the Agricultural Produce Mkt Commi ee Act which was the basis for the Agri Reforms by States
Controls imposed under the Essen al Commodi es Act,1955 removed , allowing free trade and movement offood grains for farmers to get best prices for their produce
Close to Rs. 10,600 crores invested & 19.2 lakh hect irriga onpoten al created
Kisan Credit Card introduced to help farmers make smarterdecisions on using cash for cul va on than depend on bank(4.35 crore cards issued as on 30th Sep, 2004)
Informa on Technology Act, 2000 enacted with the objec ve of giving a boost to electronic based transac ons
So ware Technology Parks of India (STPI) Act passed to encourage investment in IT sector andprovide IT infrastructure
Exports of IT services grew from USD 1.7 bn in FY 98 TO USD 12.3 bn in FY 04
Vision of making India a global IT power & Top So ware Exporter
Electricity Act, 2003 to allow Private sector brought inpower genera on, transmission, distribu on
Petroleum price deregulated from April 2002 to encourage3 compe on in oil sector
3.5 crore new gas connec ons released since April 1998 against3.37 crore in previous 40 years
Small size 5 kg LPG cylinder with rell cost of Rs. 90 introduced
Agriculture
IT / So ware
Energy
Economic Reforms-2/2
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Largest Food Security Antyodaya Anna Yojana launched toprovide subsidised foodgrains to 2 crore poorest families
Despite massive drought, allocated 87 lakh metric tons offood grains free of cost and provided cash assistance to 14drought affected states
Medical Termina on of Pregnancy, passed to stopfemale foe cide and check declining female ra o
Swayamsiddha Program to give access to microcredit
Swadhar special Assistance scheme
Employed more than 1 million Anganwadi workers
Nutri on & Childcare outreach
Food Security Womens Empowerment
Social Sector Reforms
First Ever Sarva Shiksha Abhiyaan to enable universalaccess to educa on focus on Girl Child /SC/ST
Free / compulsory educa on made Fundamental rightfor children ( 614 years)
New Na onal Health Policy Unveiled
Proposal to up Govt Health Spending from 0.9% to 2% of GDP
Massive effort for Polio Eradica on
New TB Control Program Coverage increased from < 13 crore in99 to 80 cr (2004)
7fold cut in death rates due to TB
Healthcare Educa on
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Visionary and bold policy on disinvestment of governmentstate interest in Loss making units
Divestment (part) of ownership in erstwhile lossmakingunits like Maru , VSNL and BALCO
Benets from efficiencies, high protability and revenue tothe government
Disinvestment of HPCL, IOCL and BP CL to enhanceprotability
Freedom of Informa on Bill, 2002 ( which wasrenamed as RTI by UPA) passed to introduce greatertransparency in governance
Fiscal Responsibility Act (2003)
Informa on Technology Act, 2000 legal framework forecommerce transac ons
SEZ Policy incepted in 2000 to enhance exports/PrivateSector & private players entry
Insurance Sector Reforms ( FDI of 26% allowed)
Legislative Policy
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To ConcludeIt took just 5 years for the BJP Led NDA under the Leadership ofA B Vajpayee to transform the Indian Economy to a scale not seen beforeand set new benchmarks for governance and development
1 9 9 9
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Congress led UPA reaped the benets of the legacy le behind by the NDAin the rst few years and rode on its growth momentum. It also coopted
several of the pathbreaking legisla ve reforms ini ated by BJP in its ownAgenda ( albeit under new avatars ). Examples RTI ( was introduced by BJP as Freedom of Informa on Act) MNREGA ( By BJP as Sampoorna Grameen Rojgaar Yojana) Right to Educa on ( Sarva Shiksha Abhiyan) Food Security Bill ( Antyodaya Anna Yojana)
The last few years of the Congress led UPA witnessed an unprecedentedcrisis of leadership and governance which le the economy in shambles& exactly where it was ( in the pre NDA period)
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5
2 0 0 9
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GDP Growth
Ina on (CPI)
Current AC Decit
Interest Rate % 12%
4.3 %
6. 9%
1.4%
12 %
8 %
3. 9%
+2.3%
5.7%
1998 20045 2013
4.5 %
9%
4.5%
How the Congresshas taken India Back by 10 years
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Andhera Chatega, Suraj Niklega, Kamal Khilega...