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The 'master strokes' of the Modi government before the Lok Sabha election

Wednesday - January 9, 2019 10:37 am , Category : WTN SPECIAL
The ‘hard work’ of Modi government gets succeed, India becomes world's fastest growing economy
The ‘hard work’ of Modi government gets succeed, India becomes world's fastest growing economy

Opposition seems to be 'failed’ ahead of Prime Minister Modi's strategy in the election year!

JAN 09 (WTN) - There is little time left for Lok Sabha elections and in such a situation, Modi Government is making every effort to woo voters. If we talk about 10 per cent reservation to the economically backward sections of the general category, Modi government is going to give a lot of gifts before the elections for the middle class people. But in the meantime, the Modi government has received good news from the World Bank on the economic front.

The World Bank has said praising the Modi government that India is the fastest growing economy in the world. Not only this, the World Bank has estimated that India's growth rate can be 7.3 per cent. About the growth rate of China, the World Bank says it is estimated to be 6.3 per cent.

According to the World Bank, GDP of India will grow by 7.3 per cent in the financial year 2018-19, and the World Bank says it will reach 7.5 percent in the next two financial years. This is the result of rapidly increased consumption and investment in GDP. The World Bank has also mentioned the demonetization and GST in its report. In its report, the World Bank says that after the temporary recession due to demonetization and GST, the economy is experiencing rapid re-emergence.

The World Bank report says that in the current financial year, the pace of most economies of the world will be slow, but this year will be positive on the economic front for India and South Asian region.

According to information received from the media in the midst of strengthening the economic situation of the country, the finance ministry is in talks to give tax exemption for the middle class in its interim budget. It is being said that the salaried people can be given relief. The Modi government has tried to make some such provisions in the interim budget to save more of the salaried people.

According to information received from the media, in order to provide relief to the salaried class, it is considering to increase the tax saving limit of income tax. Also, a decision can be taken to give tax exemption to middle classes and pensioners. Not only that, it is being said that the Finance Ministry is also considering giving a discount in the interest rate in the housing loan. It may be that in the interim budget, the government can also change the basic customs duty.

It is being said that the matter is being discussed in the tax department and finance ministry on this whole issue. It has been said beforehand that in the election year, Modi government can have tax-related provisions in the interim budget, which provides relief to the salaried people. As you know, the Modi government has given some relief to the traders through GST, it is being said that the Modi government can launch a new scheme for the betterment of farmers.

It can be said that by giving relief to traders, farmers and salaried people, Modi Government has won half the battle for the 2019 Lok Sabha elections. The way Modi is playing the master stroke in the election year, it is clear from the fact that the PM Modi appears to be ahead from opposition by his strategy. It seems that till the election, no other issue will be left to the opposition except Rafale, and the way Modi government has defended itself on Rafale issue clearly shows that the Modi government is going to succeed in its strategies.