There's a lot of distortion of facts. To add to this many say they'll 'teach' Narendra Modi a lesson in 2019.
With this thread, I attempt to both show the incredible work he's done and also why he's going to win 2019 as a result of unprecedented support from the poor. #NaMoIn2019
🔸Jan Dhan Yojana —
Beneficiaries — 31 crore.
Amount deposited — Rs 73,558 crore.
Impact — Opening of accounts has enabled the poor to become a part of the financial system and with Aadhar attached they're getting subsidies directly from the government in their accounts.
🔹Mudra Yojana —
Beneficiaries — 10.38 crore
Amount disbursed — Rs 4.62 lakh crore
First time loan recipients — 3 crore
Goal for this year — Disburse Rs 3 lakh crore which means another 6.5 crore people can benefit.
Impact — Creating employers instead of just employees.
🔸Soil Health Cards —
Samples collected — 3.59 crore
Samples tested — 3.19 crore
SHCs printed — 11.76 crore
SHCs dispatched — 11.42 crore
Impact — Distribution of SHCs has led farmers to understand their soil better. They sow accordingly which reduces costs and improves profits.
🔹Jan Suraksha Yojana —
Work done —
* Pic 1 (Pradhan Mantri Jeevan Jyoti)
* Pic 2 (Pradhan Mantri Suraksha Bima)
* Atal Pension Yojana had 80 lakh subscribers till 5 Jan 2018.
Impact — A huge part of the population didn't have credible insurance but now they do at cheap premiums.
🔸Pradhan Mantri Awas Yojana —
Work done — Over 93,000 houses have been constructed in urban and rural areas.
Impact — Those who never had a roof over their heads and never dreamt of the same either, are getting houses with basic facilities. m.economictimes.com/news/politics-…
🔹Swachh Bharat (Rural) —
Work done —
* See picture.
* Sanitation up to 74% from 39%.
Goal/expectations —
* Construct 7.95 crore toilets.
* India will be ODF by October 2019.
Impact — Women relieved themselves in the open; now with toilets they have dignity and better health.
🔸Swachh Bharat (Urban) —
Word done — See pictures.
Commentary — Work needs to be done as far as urban areas go but considerable progress has been made. But people are greatly responsible for dirty surroundings and we must do our bit in keeping our cities/towns clean.
(Cont.)
Why Swachh Bharat is essential? —
* Lack of sanitation is responsible for deaths of over 100,000 children annually (UNICEF).
* A household in an ODF village saves Rs.50,000 every year (UNICEF).
* Lack of sanitation costs India over 6% of its GDP (World Bank).
🔹Ujjwala Yojana —
Work done — See picture.
Goal — Instead of the earlier goal set of 5 crore free connections, the government has now expanded it to 8 crore.
Impact — Women don't venture out to gather wood anymore; they cook and the families eat in a smoke-free environment.
🔸Grameen Vidyutikaran —
Work done —
* See picture.
* 1,294 villages have got 100% household connectivity and capacity for another 7,162 for the same is ready.
Impact — For 70 years millions lived in darkness but now they're rapidly being brought out of an 18th-century lifestyle.
🔹Digital India —
Work done — 101,370 gram panchayats have been connected with 2.55 lakh km of optic fibre cable (only 59 were connected till 2014).
Goal — Connect remaining 1.5 lakh GPs.
Impact — Internet-deprived rural areas have been made available to it transforming lives.
🔸Direct Benefit Transfer —
Word done —
* 1.15 crore Aadhars made and 400 central schemes have been linked.
* Payments made worth of Rs 1,00,144 crore.
* Rs 75,000 crore have been saved.
* Over 63 crore people have benefited (every second Indian).
(Cont.)
Comparison —
* 10 people received DBT till 2014; Modi government added 53 crore.
* In 2013, only Rs 7,367 crore worth subsidies were being transferred.
Impact — Leakages in transfers resulted in taxpayers' money going waste and the poor suffering; now that's over.
🔹Jan Aushadhi Centres —
Facts — Over 3,000 such centers have been opened where quality medicines are available at 50% to 90% discount in comparison to branded drugs in the market.
Impact — This has eased lives of the poor who couldn't afford medicines, and of the middle class.
🔸AMRIT Centers —
What are they about? — They provide drugs and equipment related to heart and cancer treatment at discounts upto 60%.
Work done —
* 111 centers.
* MRP of drugs worth Rs 486 crore sold at Rs 219 crore; savings of Rs 267 crore.
* 52 lakh patients have benefited.
🔹Indradhanush Yojana —
Goal — Ensure full immunization for children up to two years & pregnant women.
Why is it important? — Every year, 5 lakh children die due to vaccine-preventable diseases & another 89 lakh remain at risk as they're either unimmunized or partially immunized.
(Cont.)
Word Done (listing only some) —
* Total no. of pregnant women immunized, and completely immunized — 67.85 lakh and 36.20 lakh.
* Total no. of children immunized and completely immunized — 2.51 crore and 65.79 lakh.
* Children immunized for the first time — 28.12 lakh.
🔸eNAM —
Facts —
* Mandis on eNAM: 471
* Commodities on eNAM: 90
* Total traded value: Rs 36,275 crore
* Total traded quantity: 1.52 crore MT
* Registered farmers: 73.5 lakh
* Registered traders: 1.01 lakh
Impact — eNAM has enabled farmers to get better prices for their produce.
🔹Ayushmaan Bharat —
This scheme will provide Rs 5 lakh per year to 10 crore families (around 50 crore beneficiaries) for healthcare expenses.
Benefits —
* Poor will get proper health treatment.
* They won't have to take loans for the same.
* Raise dignity of life.
Let's see the number of people who have/will be positively affected from these schemes —
🔹Jan Dhan — 31 cr
🔸Mudra — 10.38 cr + 6.5 cr (probable) = 16.9 cr approx
🔹SHC — 11.42 cr
🔸Jan Suraksha — 19.38 cr
🔹Ujjwala — 8 cr women ➡ 4 members in each family = 32 cr people
🔸DBT — 63 cr
🔹Electrification — 18,400+ villages electrified; one can imagine the crores of lives that'll be impacted
🔸Ayushmaan Bharat — approx 50 cr
After this assessment, you can visualize the kind of support PM Modi will get from the people who's lives he's changed! 😃
* 93,00,000 houses.
* 115 crore Aadhars.
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Went to a SBI Mutual Fund seminar yesterday. They talked of two of their funds — equity hybrid fund and a blue chip fund. The hybrid fund had 50% in large caps and 50% in mid/small cap stocks (and maybe a max of 10% in cash/debt) while the blue chip fund is all large caps.
A very simple understanding of the two in comparative terms — 1) Equity hybrid fund — More risk and expected return due to the 50% in mid and small caps; apt for investors who have tolerance and ability for greater risk 2) Blue chip fund — Less risk thus considered safer
Pic 1: Blue chip fund
Pic 2: Equity hybrid fund
Basic understanding —
Standard deviation: Measure of volatility
Sharpe ratio: Simply the return earned per unit of risk; more the better
Beta: Volatility of stock in comparison to market movement; 1 means stock moves with market
A government that listens. Felt like a myth, right? But now, not only does the government listen, but even ACTS. Here are a few incidents when the PMO directly intervened to help the common man, at times even saving lives.
🔹An 8-day-old girl was suffering from a grave medical condition. PM Modi ensured a traffic-free passage for the rescue team who air lifted the child to a hospital. The child was saved.
"He is our God today," said the child's father for PM Modi. #PeoplesPMfinancialexpress.com/india-news/pm-…
🔸Vaishali Yadav, a class 2 student, needed surgery for a hole in her heart, but her parents couldn't afford it. She wrote to PM Modi and the response was immediate. Her operation was funded by the PMO.
Below is a heartwarming picture of PM Modi with Vaishali. #PeoplesPM
"Rahul acknowledges that China is the competition" — How cute!
Truth is, the real reason why India so desperately lags behind China is your family.
I'm sure people like you aren't used to facts because you're fed a load of crap, but still...here are some exposing the family.
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🔹When India was ahead of China in terms of real GDP per capita (real GDP is one that's adjusted for inflation/deflation) —
* During 1970-1980, India's was $658 while China's was $402 (64% more).
* During 1980-1990, India's was $922 whereas China's was $698 (still 32% more).
🔹Today —
* China's nominal GDP is 4.9 times India's.
* China's GDP on PPP basis is 2.44 times India's.
* China's nominal GDP/capita is 4.64 times India's.
* China's GDP on PPP/capita is 2.31 times India's.
Prime Minister Modi said he'll do in 5 years what wasn't done in 60 years. One of his transformative steps has been to electrify villages/towns.
This thread enumerates the tale of thirteen villages which've seen the sun shine on their fortunes in the true sense. #WhyModiIn2019
Place — Elephanta Island
State — Maharashtra
Population — About 1,200
A 7.5 km long undersea cable brought electricity to three villages — Raj Bander, Mora Bander, and Shet Bander. #WhyModiIn2019 m.timesofindia.com/city/mumbai/el…
Village — Batambis
State — Jammu and Kashmir
Population — Around 600
Electrification has become possible with the use of latest cutting-edge technology of DC solar microgrids. #WhyModiIn2019 tribuneindia.com/mobi/news/jamm…
* The Modi government has asked builders not to charge any GST from home buyers as the effective GST rate on almost all affordable housing project is 8 per cent which can be adjusted against the input credit. #WhyModiIn2019 financialexpress.com/industry/no-gs…
* Digital transactions rose 4.73% to 1.11 billion in January from 1.06 billion in December. The transactions were worth about Rs 131.95 trillion. #WhyModiIn2019 livemint.com/Money/xaFcGXlq…
* Cabinet clears PM Research Fellowships (PMRF) for students of higher education institutions. The PMRF includes monthly scholarships of Rs 70,000 to Rs 80,000 and annual research grants of Rs 2 lakh for select scholars. #WhyModiIn2019 m.economictimes.com/industry/servi…
I'm middle class and here I enumerate what I want from Prime Minister Modi. Rest I can do on my own which makes me a proud Indian and a very happy taxpayer 😃
If you echo my sentiments, then spread this thread! #IndiaFirst#NewIndia
🔹Provide me safety —
Global Terrorism Index measures the direct & indirect impact of terrorism, including its effects on lives lost, injuries, property damage & psychological effects. India is improving on this since 2014. No terror attacks have occurred in cities.
I'm safer.
🔸 Better roads —
The Modi government has initiated ambitious projects to improve the road quality and connectivity like the Bharatmala project which has been allocated Rs 5.35 lakh crore.