Achievements and features of NDA government
Answers
Explanation:
NDA government;
The Insolvency and Bankruptcy Code (IBC) was legislated in 2016. By taking bank NPAs head-on, the IBC is proving to be a game-changer. Total bank NPAs are around Rs 9 lakh crore. The interest shown by leading Indian and global business houses (Tatas, Birlas, Vedanta and Britain’s Liberty House among others) in buying bankrupt companies with large bank NPAs but good underlying assets could, given sensible implementation of the IBC process, restore Indian banks to good health, enable them to restart lending to the corporate sector, and boost private investment. Clearly a blue-ribonned reform.
Rural electrification has been a major policy success. While last-mile connectivity has left many villages without power, the pace of rural electrification has been quickest in India’s history – pre- and-post Independence.
The pace of road building has been another outstanding success. Under the UPA regime, around 17km of roads were built per day. Currently, over 40 km of roads are being constructed daily. Moreover, if the methodology of counting road mileage constructed is changed to the globally recognised model of counting both lanes of a road and not just one, the figures would double under both NDA and UPA governments.