100 days of Prime Minister Narendra Modi's third term have been completed. The government has started projects worth Rs 15 lakh crore in these 100 days. 3 crore houses were approved under the Pradhan Mantri Awas Yojana. The government focused a lot on infrastructure development. Projects worth three lakh crores were flagged off in this sector.
In the last 100 days, the government laid the foundation stone of the Shin-Kun-La tunnel connecting Ladakh to Himachal Pradesh. Eight new railway line projects were approved. During the same period, the central government increased the MSP of 25 Kharif crops.
Infrastructure
Approval of Wadhawan Mega Port in Vadhawan, Maharashtra with Rs 76,200 crore. It will be included in the top 10 ports of the world.
Approval of construction/upgradation of 62,500 km of roads and bridges in 25 thousand villages with central assistance of Rs 49,000 crore under Pradhan Mantri Gram Sadak Yojana-4.
India's road network will be strengthened for Rs 50,600 crore.
Approval of 08 National High-Speed Road Corridor projects spanning 936 km.
Approval for development of Lal Bahadur Shastri International Airport in Varanasi.
Approval for new civil enclaves in Bagdogra in West Bengal and Bihta in Bihar.
New runways will also be built in Agatti and Minicoy.
Approval for expansion of Phase-3 of Bengaluru Metro, Pune Metro, and Thane Integral Ring Metro Rail Project.
Many decisions in favor of farmers
In the last 100 days itself, the Modi government sent an amount of Rs 20,000 crore to the accounts of 9.3 crore farmers under the 17th installment of Pradhan Mantri Kisan Samman Nidhi. So far, 12 crore 33 lakh farmers have received a benefit of Rs 3 lakh crore. The government says that by increasing the MSP of Kharif crops, 12 crore farmers will benefit by about Rs 2 lakh crore.
Approval of Polavaram Irrigation Project in Andhra Pradesh with Rs 12,100 crore.
Approval of 07 major schemes with an outlay of Rs 14,200 crore.
Draft report received on new National Cooperative Policy prepared by National Level Committee.
The draft policy is also ready and now it is being finalized.
MoU between National Cooperative Organics Limited (NCOL) and Organic Products Council (Uttarakhand).
NCOL will purchase organic produce from farmers of Uttarakhand at a profitable price.
Conversion of ethanol-producing units of cooperative sugar mills into multi-feed ethanol units for the production of ethanol from maize also.
The decision to remove the Minimum Export Price (MEP) from onion and Basmati rice and to reduce export duty on onion from 40% to 20%.
The decision to increase the import duty on crude palm, soya, and sunflower oils from 12.5% to 32.5% and the duty on their refined oils from 13.75% to 35.75%.
Expansion of Agriculture Infrastructure Fund Scheme to strengthen agricultural infrastructure.
Many agricultural schemes and development projects started in Jammu and Kashmir with 3,300 crores.
PM Modi honored 30,000 Krishi Sakhis of Self Help Group in Varanasi.
Approval of Mission Mausam of 2,000 crores to make India weather and climate-friendly.
A new fund called AgriSure was launched: To bring revolution in the agriculture sector and to support start-ups and rural enterprises.
Big relief to the middle-class
In the last 100 days, the Modi government has given a big relief to the middle class. Now there will be no tax on income up to 7 lakhs. The salaried class can save tax up to ₹ 17,500. The government has increased the standard deduction to 75,000. At the same time, the scope of the exemption in family pension has also been increased to 25,000. Income tax rules will be made concise, clear, and easy to understand. They will be comprehensively reviewed in six months.
Gift to government employees too
The government gave a gift to government employees. Within 100 days, the government started implementing the Unified Pension Scheme. Under this, employees with 25 years of service will get 50 percent of the average basic salary as a pension. The government says that the third version of the One Rank-One Pension scheme will be implemented for the security forces and their families.
Big relief to the middle-class
3 crore houses approved under Pradhan Mantri Awas Yojana.
1 crore houses under the urban scheme.
Construction of 2 crore houses approved in rural areas.
PM Surya Ghar Free Electricity Scheme: Solar energy system installed in more than 2.5 lakh houses between June and August 2024.
PM e-bus service will create an environment-friendly system.
Approval will be given for the purchase of e-buses with assistance of Rs 3,400 crore.
Ease of Doing Business
To provide financial relief to startups and promote innovation, the Angel Tax, which was in effect since 2012, and put a burden of 31% on startups, was abolished.
Corporate tax for foreign companies was reduced from 40% to 35%. This made India more competitive globally and attractive for investment.
A venture capital fund of Rs 1000 crore will be created for space sector startups to make India a leader in the global space economy.
GENESIS Program: Gen-Next Support for Innovation Startups (GENESIS) program was approved for startups in Tier-II and Tier-III cities.
Announcement of the creation of 12 industrial zones under the National Industrial Corridor Development Program, which will provide facilities to investors and improve ease of doing business.
The limit of the Mudra loan has been increased from 10 lakh to 20 lakh. This will benefit the traders who have successfully repaid their old loans.
A credit guarantee scheme was started for MSMEs.
This will enable small traders to get loans without guarantee.
And it will be easier for them to purchase machinery and other goods.
E-commerce export hubs will be created for MSMEs and traditional artisans through PPP mode, which will provide export services and give easy access to the global market.
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