By Soumya Priyadarshini

Edited by Nandita Singh, Associate Economist, The Indian Economist

He might not have portrayed himself as a system changer like others did, he might not have over promised, but now surely, he is over delivering. Yes, we’re talking about none other than our very own – NaMo. In his short 100 days tenure, he might not have made huge significant changes, but ‘innovation’ and ‘change’ have surely become rampant in the power corridors. He is living up to his motto – ‘Minimum government, maximum governance.’

Call it his bad luck or whatever, but since he came into power, he has had to deal with a lot more challenges, for instance, India’s primary occupation of agriculture is obscured by the forecast of insufficient monsoon, and a rise in geo-political tensions can cause immense increase in oil prices, further adding to the effect of inflation.

However, I’d like to throw some light on the remarkable changes that have been brought about within the system, which are surely markers of a new beginning. For the purpose of precision and easy understanding, I have listed them down in bullet form –

  • There is now proper balance of power, right from peons to bureaucrats and ministers, all are required to come to the office at 9:30 am.
  • The Government has finally set out to implement long pending reforms like increasing FDI limit in defence and railways.
  • Cabinets meet regularly, and a lot of these meetings happen either at home or at office, where projects worth thousands of crores are cleared over cups of tea and snacks, thereby saving the institutional mechanism of delay as was during the previous government’s rule.
  • Ministers are reaching out directly to the people via social media and hence creating transparency.

Apart from these, which I would call small revolutionary changes within the system, NaMo has also contributed significantly to the development of the nation in his first 100 days. For example, India’s GDP growth in April-June 2014 was at 5.7%, which has been the highest in two and a half years, and sale figures of July in terms of cars, SUVs etc. have also shown an increase, hence signalling development in the manufacturing sector, as well as an overall improvement of India’s economic market.

Also, in the last 100 days, one could detect a bold reformist objective in his speeches, reflected in his easing of foreign investment caps in defence and railways, as well as his plans to open up the insurance sector, which had earlier been eluded due to a lack of capital.

He might not be targeting very big problems all at the same time, but at least he is successfully addressing problems one by one. His E-governance ideas are already creating fast, effective, easy, and economic governance. His foreign policy is also commendable, and his approach to the world platform – warmth and close engagement with smaller South Asian neighbours and multi-layered engagement with big powers is worth appreciating. The PM has confidently managed ties with China and Japan.

To sum it up, I want to say that Modi definitely has huge challenges lying ahead of him, but with his smooth, effective ideas, the nation feels that he will be able to successfully handle it.

When Franklin D. Roosevelt came up with the 100-day concept, he had the Great Depression to deal with. Now I agree that India of 2014 is probably not the USA of 1993, but Modi has the intimidating task of lifting the mood of the nation, and his initial 100 days have been a good start in the right direction, making the people of the nation very hopeful.

Soumya is currently pursuing B.Tech in Electronics and Communication Engineering. She holds prior experience as an editor at Srijan (her college’s annual magazine). She is a brilliant singer, an avid reader and she spends most of her time pondering over various issues which often inspires her to write. Usually she can be found surfing the internet and reading almost any impossible thing in the world right from biology to astrology. She wants to serve the nation and she feels that writing is the most effective and the easiest way to work on all problems and eradicate them. She believes in learning something new from whatever she experiences. She is extremely excited about writing for a large number of enthusiastic readers here and she promises to deliver her best. She really appreciates constructive criticism. You can reach her at her blog (hearabuzz.blogspot.in) or her email id (soumya250493@gmail.com). 

Posted by The Indian Economist | For the Curious Mind