{"id":10444,"date":"2020-03-21T08:56:40","date_gmt":"2020-03-21T08:56:40","guid":{"rendered":"http:\/\/www.plyinsight.com\/?p=10444"},"modified":"2020-03-21T08:57:48","modified_gmt":"2020-03-21T08:57:48","slug":"editorial-19","status":"publish","type":"post","link":"https:\/\/plyinsight.com\/hi\/editorial-19\/","title":{"rendered":"Editorial"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-10445 aligncenter\" src=\"http:\/\/www.plyinsight.com\/wp-content\/uploads\/2020\/03\/Ed.jpg\" alt=\"Editorial\" width=\"407\" height=\"91\" srcset=\"https:\/\/plyinsight.com\/wp-content\/uploads\/2020\/03\/Ed.jpg 1009w, https:\/\/plyinsight.com\/wp-content\/uploads\/2020\/03\/Ed-300x67.jpg 300w, https:\/\/plyinsight.com\/wp-content\/uploads\/2020\/03\/Ed-768x172.jpg 768w, https:\/\/plyinsight.com\/wp-content\/uploads\/2020\/03\/Ed-18x4.jpg 18w, https:\/\/plyinsight.com\/wp-content\/uploads\/2020\/03\/Ed-600x134.jpg 600w\" sizes=\"auto, (max-width: 407px) 100vw, 407px\" \/><\/p>\n<p>The narrative preferred by many if not most economic commentators is that the Modi government has not done well by the economy. The near- consensus is that the promises Prime Minister Narendra Modi made during the 2014 election campaign have not been delivered, and the prospects for the immediate future are not bright. Certainly, there is no gainsaying that the government has bungled with key economic initiatives, regressed to protectionism, and done poorly on the jobs and trade fronts.<\/p>\n<p>Before going further, it is worth noting the socio-economic changes that Mr. Modi has wrought: Dramatic improvements in access to financial services, clean cooking fuel, toilets, electricity, digital transactions, and now free medical insurance, not to mention cash handouts for farmers. In addition, as Ms Sitharaman mentioned, macro-economic balances are comfortable, including on core inflation. Her reference to the fiscal challenge fell short of an explanation and therefore offered no answer. Still, the transport infrastructure has improved, as has the digital one. There is striking growth in data consumption, and improved access to higher education. In another few years the metrics on all of the above should improve further. Many lives are being transformed.<\/p>\n<p>Mr. Modi&#8217;s critics often fail to acknowledge these changes and their importance. This may well be because the failure are both manifest and urgent: the worsening picture on employment, the loss of momentum in consumption, its downstream impact on investment, the stagnation in exports, legislative inaction on key aspects of policy reform, the many challenges confronting farmers, and much else. To that list you could add the fear factor and institutional erosion.<\/p>\n<p>Mr Modi and his cabinet colleagues need to get over their hostility to any and all criticism on such issues, and frontally address the jobs problem because it is central to tacking the growing inequality and uneven sharing of the benefits of growth. More needs to be done on more fronts, and sometimes differently, than is now the case. If that effort is mounted and growth revives, the Modi government&#8217;s economic record could still shine.<!--more--><\/p>\n<p>\u0905\u0927\u093f\u0915\u093e\u0902\u0936 \u0928\u0939\u0940\u0902 \u0924\u094b \u092d\u0940 \u0915\u0908 \u0906\u0930\u094d\u0925\u093f\u0915 \u091f\u0940\u0915\u093e\u0915\u0930\u094b\u0902 \u0915\u093e \u092f\u0939\u0940 \u0915\u0939\u0928\u093e \u0939\u0948 \u0915\u093f \u092e\u094b\u0926\u0940 \u0938\u0930\u0915\u093e\u0930 \u0928\u0947 \u0905\u0930\u094d\u0925\u0935\u094d\u092f\u0935\u0938\u094d\u0925\u093e \u0915\u0947 \u0938\u093e\u0925 \u092c\u0947\u0939\u0924\u0930 \u0928\u0939\u0940\u0902 \u0915\u093f\u092f\u093e\u0964 \u0907\u0938 \u092c\u093e\u0924 \u092a\u0930 \u0932\u0917\u092d\u0917 \u0938\u0939\u092e\u0924\u093f \u0939\u0948 \u0915\u093f \u0928\u0930\u0947\u0902\u0926\u094d\u0930 \u092e\u094b\u0926\u0940 \u0928\u0947 2014 \u0915\u0947 \u091a\u0941\u0928\u093e\u0935 \u092a\u094d\u0930\u091a\u093e\u0930 \u0915\u0947 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The near- consensus is that the promises Prime Minister Narendra Modi made during the 2014 election campaign have not been delivered, and the prospects for the immediate future are not bright. Certainly, there [&hellip;]<\/p>","protected":false},"author":1,"featured_media":10445,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[334],"tags":[232,336],"class_list":["post-10444","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-march-articles-2020","tag-editorial","tag-m"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Editorial - PLY INSIGHT<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/plyinsight.com\/hi\/editorial-19\/\" \/>\n<meta property=\"og:locale\" content=\"hi_IN\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Editorial - PLY INSIGHT\" \/>\n<meta property=\"og:description\" content=\"The narrative preferred by many if not most economic commentators is that the Modi government has not done well by the economy. The near- consensus is that the promises Prime Minister Narendra Modi made during the 2014 election campaign have not been delivered, and the prospects for the immediate future are not bright. 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