Here's a list of 25 key achievements of Prime Minister Narendra Modi's government in the past one year, as listed by stakeholders and analysts:
- Jan Dhan Yojana: More than 15 crore bank accounts opened, over 10 crore RuPay debit cards issued, with life cover, pension
- Corporate sector adopts prime minister's 'Swachch Bharat' mission with promise of total sanitation by 2019
- Cooking gas now under direct-cash-benefit transfer scheme, with potential saving of $5 billion annually in subsidies, plus Diesel prices de-regulated
- Foreign equity in rail infrastructure allowed, without limit
- Foreign equity cap in defence raised to 49 per cent; 74 per cent in case of technology transfer
- Fast-tracking of defence purchases: 36 Rafale fighters being bought, orders for several long-pending purchases placed
- Foreign equity cap in insurance and pension sectors increased to 49 per cent
- Nod for IPOs/FPOs by banks to raise funds, as long as government equity remains 52 per cent or over
- Nod for real estate and infrastructure investment trusts, with tax benefits
- Cabinet nod for Prime Minister's 100 Smart Cities Project
- $130 billion proposed spending on railways over five years on schemes including high-speed trains
- Definitive steps forward in introducing pan-India goods and services regime
- Successful conclusion of two rounds of coal block auctions, more lined up
- Impasse in mining sector ended with passage of new bill for regulation and development
- Successful conclusion of auctions for telecom spectrum for mobile telephony and broadband
- Launch of 'Make-in-India', 'Digital India' and 'Skill India' initiatives with focus on defence and electronics, primarily to create jobs
- Mudra bank launched with Rs 20,000 crore corpus to extend loans of between Rs 50,000 and Rs 10 lakh to small entrepreneurs
- Commencement of divestment programme in public sector companies
- Disbanding of various ministerial groups for faster decision-making
- Adoption of 14th Finance Commission recommendation on far-reaching changes in sharing of revenues between the Center and the States
- Single-window scheme for various clearances to steel, coal and power projects
- Price stabilisation fund set up for agri-commodities to check inflation
- Warehouse Infrastructure Fund with Rs 5,000 crore corpus to increase shelf-life of farm produce (replace if possible)
- Clarity in tax treatment on income of foreign fund whose fund managers are located in India , as also on transfer pricing for resident and non-resident tax payers
- Panel set up under law commission chairman on issue of minimum alternate tax
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