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NDA govt completes 50 days in office in 2nd term

Newdelhi:22/7/19:The Narendra Modi Government has completed fifty days in office in its second term.

Prime Minister Narendra Modi has already laid down the vision of India becoming a Five-trillion dollar economy by 2024-25.

India needs to grow at eight per cent per year to be a Five-trillion economy by then.

Indian economy is expected to grow at 6.8 per cent in 2018-19 while maintaining macro-economic stability.

Infrastructure is important for faster economic growth and alleviation of poverty in the country.

Our correspondent takes a look at some of the major initiatives taken by the NDA Government in the infrastructure sector.

A special emphasis is being given to the development of infrastructure with the vision to make India a five trillion-dollar economy by 2025.

Our economy was 1.85 trillion US dollars when NDA Government came to power in 2014 and within five years, it reached 2.7 trillion dollars.

The initiative includes approval of handing over existing Bharat-Net infrastructure to the Common Service Centres for optimum utilization and for providing of Wi-Fi access points in 90,000 Gram Panchayats at a cost of 1,440 crore rupees.

Measures have been proposed to enhance the sources of capital for infrastructure financing. These include Credit Guarantee Enhancement Corporation to be set up in 2019-2020, an Action plan to deepen the market for long-term bonds with a focus on infrastructure and one hundred lakh crore rupees investment in the next five years.

About Ashok Palit

Ashok Palit has completed his graduation from Upendranath College Soro, Balasore and post graduation from Utkal University in Odia Language and literture.. He has also carved out a niche for himself as a scribe of eminence after joining the profession in 1988. He is also an independent media production professional. He brings loads of experience to Advanced Media, Ashok Palit as a cineaste has been active in film criticism for over three decades. As a film society activist, he soared to eminence for his profound commitment to the art film appreciation and aesthetics of cinema. His mode of discourse is often erudite but always lucid and comprehensible marked by a perfect acumen so rare in the field. A film aesthete with an immense fond of critical sensibilities, he wrote about growth and development of odia cinema in New Indian Express, The Times of India, The Hindustan Times, The Asian Age and Screen. He has been working as an Editor for Cine Samaya from 2002-2004.. He had made solid contribution on cinema in many odia Dailies and weekly such as Samaj, Prajatantra, Dharatri, Samaya, Satabadi, and weekly Samaya.

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