Who got more FDI? - Manmohan or Modi? Modi govt recieved 75% more FDI against 10 years of Manmohan govt.

Who got more FDI? - Manmohan or Modi ?

Modi govt recieved 75% more 💰FDI against 10 years of Manmohan govt.

#Key points-

✓Total FDI inflows under 10 year tenure of Manmohan govt💰 $300 billion, average  $30 billion per annum(FDI worth per day in indian currency Rs600 crore).

✓Total FDI inflows under 8 year tenure of Modi govt 💰$525 billion, average  $65 billion per annum (FDI worth per day in indian currency Rs1330 crore).

✓India received $83.57 billion FDI 2021-22,the highest so far.India can attract $160-$200 billion FDI annually due to various economic reforms,large investment in  infrastructure and increased ease of doing business. 

Modi hai to mumkin hai-India to become $5 trillion economy by 2025

Modi hai to mumkin hai-India to become $5 trillion economy by 2025.

On 15th August 2019, Independence Day Speech, Prime Minister Narender Modi expressed confidence that India would be a $5-trillion economy in 2024,India will become the third-largest economy in the world.

The focus is on boosting 

✓services sector contribution to $ 3 trillion

✓manufacturing to $ 1 trillion and 

✓Agriculture to $ 1 trillion.

But covid -19 situation & worldwide economic slowdown in this context, many critics have questioned the feasibility of India achieving $5 trillion economy status by 2024?

India's GDP is currently estimated at around USD 3.2 trillion.As per my estimate, India needed to grow on average at 8.5 per cent per year in real terms up to 2025  to achieve the target of 5 trillion dollar economy.

I  think it is possible under Modi administration, believe India will $5 trillion economy by 2025 or 2026.

We know Modi government is working towards making India a $5 trillion dollar economy by 2025. Strongly  believe India has huge  potential to grow at 10-11% per annum for next 10 years.

 

Impact of Modi Govt, Khadi & Village turnover crosses 1.15 lakh crore, beats all FMCG companies

Khadi and Village Industries Commission (KVIC) has become the first organisation in India in the FMCG category to have a turnover of over Rs 1 lakh crore.Khadi and Village  turnover reach Rs 1.15 lakh crore in the financial year ended March 2022.

Thanks to the constant support of  Hon'ble Prime Minister Shri Narendra Modi, KVIC has, for the first time, clocked a massive turnover of Rs 1.15 lakh crore,In FY 2021-22, the overall turnover of KVIC stood at a whopping Rs 1,15,415.22 crore as compared to Rs Rs 95, 741.74 crore in the previous year, 2020-21.KVIC has thus registered a growth of 20.54% from the year 2020-21. Compared to the year 2014-15, Khadi and Village Industry sectors turnover in 2021-22  increased by over 260%.

✓2014-15 KVIC turnover  Rs 31,965 cr.

✓ 2021-22 KVIC turnover  Rs 1,15,415 cr.

In year 2021-22 ,Rs 1.15 lakh cr this massive turnover of KVIC has come despite partial lockdown in the country in the first 3 months, i.e. April to June in 2021, due to the second wave of Covid-19 pandemic.

 We all are aware that for the last several years, our PM Narendra Modiji has left no stone unturned to popularize Khadi and create a mass movement where everyone purchases Khadi products, specially on the special day of Gandhi Jayanti 2nd oct. Modi has always been promoting Khadi and has also mentioned it in his tv & radio address multiple times. His Mann Ki Baat gives utmost importance of Khadi and its role in the empowerment of the countrymen.

I think khadi & village Industries sales could reach 3 lakh cr by FY25.