9 Years Of PM Modi: Due to these works of Modi government, the government's income increased, the loss decreased, the public also got the benefit

Modi @ 9: Modi government's tenure has been 9 years. In this period of almost a decade, the government of Prime Minister Narendra Modi made many such changes at the level of the economy, which gave relief and benefit to the general public. Loss of government money decreased and earning increased.

Prime Minister Narendra Modi's government has completed 9 years. In these 9 years, he has made some changes in every sector of the country. He paid maximum attention to improving the economy and made many such changes which ended the loss of government money. The government's income also increased and the public got a big benefit from it.

By the way, the economic policies of the Modi government are also called 'Modinomics' among the common people. Let us know what are the works of Modinomics, due to which the above mentioned things have become possible.

Modi government took these 5 big steps

In order to benefit the public, reduce the loss of government money and increase government income, the Modi government has taken these 5 major steps during the last 9 years…

GST- The Modi government implemented the Goods and Services Tax (GST) system on 1 July 2017 in the country. This ended different indirect taxes in the country and helped the government to stop tax evasion. In April this year, the government's GST collection increased by 12 percent to reach Rs 1.7 lakh crore. This is the highest GST collection ever.

India Stack- PM Narendra Modi is probably the first Prime Minister of the country who took full support of technology for public welfare schemes. The Modi government has set up a public tech infrastructure related to digital payments. This has made life easier for the common man. This includes digital apps like UPI, Aadhaar, Digilock, Covin.

DBT- There used to be a loss of huge amount in reaching the benefits of government schemes to the beneficiaries. Along with this, corruption was encouraged. To stop this, the Modi government started sending all kinds of subsidies directly to the beneficiaries' accounts (Direct Benefit Transfer). Jan Dhan bank account, Aadhaar and mobile number became his tools in this work.

Insolvency Law- A major achievement during the tenure of the Modi Government was the implementation of the Insolvency Law. Due to this law, now it has become easier for companies to work in the country. If a company feels that it is in heavy loss, then with the help of this law, it can easily declare itself bankrupt. At the same time, this law also protects the interests of the customers and investors of defaulting companies. The icing on the cake with this law is that the process under it is completed in a time bound manner.

Make in India- The Modi government has also started the 'Make in India' initiative in the country. Its aim is to make India the manufacturing hub of the world. During 9 years, many new dimensions such as PLI scheme, Vocal for Local and Self-reliant India etc. were also associated with this scheme. With this, where the income of the government is expected to increase in the future, it is also an initiative to generate employment on a large scale within the country.