The term “value” can be defined in many ways; however, with respect to real estate, a common and simple definition of value is “the importance, worth or

Is Narendra Modi really doing any development?

On May 26, three years back, India President Pranab Mukherjee (former President of India) administered the oath of office of Prime Minister to Mr Narendra Modi and his cabinet. This was the first time in 30 years that BJP came to absolute power. In Modi’s cabinet, Alot of critcial positions in Cabinets were held by people without or little political background, This was definitely a good indication of fresh mindset and great approach to problem set

Just like any government


Yemen evacuation

This was one of the >biggest evacuations during the times of war, since the Gulf War I. MoS Gen. (Retd) V.K. Singh personally oversaw the operation. The External Affairs Minister headed by Sushma Swaraj earned laurels for helping the Indians living abroad, be it for >rescuing Kerala nurses from war-torn Libya or >bringing back differently-abled Geeta from Pakistan.

Jan Dhan Yojana

Anyone can now open an account in a bank, thanks to this financial inclusion scheme. Barely a fortnight after the launch, the yojana >entered the Guiness Book of World Records for the maximum number of accounts opened in a week. The scheme is a big boost in moving towards direct subsidy transfer.

LPG subsidy reforms

Initially started as a ‘Give It Up’ campaign, the Petroleum and Natural Gas Ministry headed by Dharmendra Pradhan >barred LPG subsidy to customers who earn more than Rs. 10 lakh per annum. The amount saved was used to give over five lakh new LPG connections to those who still use firewoods or kerosene stoves for cooking.

Swachh Bharat Mission

A pet project of Mr. Modi, sanitation ministry‘s Swachh Bharat mission got wide public support, especially on social media after celebrities joined the Clean India challenge. Not just stopping with cleaning the locality, the >government has taken initiatives such as building more toilets, waste management and waste segregation. Real success, will however happen, when manual scavenging is completely eradicated.

India-Bangladesh land boundary agreement

When India is facing boundary disputes with every neighbour, this >agreementgives optimism that issues can be amicably solved over diplomacy. The people living in the enclaves that were recently annexed to India even exercised their franchise in the recently concluded West Bengal Assembly elections.

Bankruptcy code

At a time when bankers were grappling with huge rise in non-performing assets and government eyeing to create more entrepreneurs, >the amendment of existing bankruptcy laws was necessary. With the support from Congress, the law was passed in Rajya Sabha during the Budget Session where the ruling party was short of numbers.

Real Estate regulation

Apart from making the process transparent and keeping checks and balances in the form of a Real Estate Regulatory Authority, >the law drafted by Housing Ministry headed by M. Venkaiah Naidu gave confidence to home-buyers. When housing sector contributes to nine per cent of GDP, this law, if effectively implemented by the States, is a game-changer in the housing sector.

Yoga Day

India’s lobbying got success when the United Nations declared June 21 as >International Yoga Day. The mass yoga performance at Rajpath, which was led by Mr. Modi himself, set the record of most number of people participating in such an event.

Mann Ki Baat

A first such initiative in India where a top leader addresses millions, that too periodically. The programme even >featured U.S. President Barack Obamaduring his visit to India.

Digital India

This flagship programme of Ravi Shankar Prasad‘s Communications Ministry aiming to create a knowledge economy and good governance is travelling in the right path. Every minister and every ministry is now on Twitter. A slew of e-governance measures like digital locker and feedbacks through > are some notable initiatives .

But Modi’s adminstration also encountered few misses as well

Pathankot attack

The attack at IAF air base, just few hours from the National Capital, is the first of its kind after the 26/11 Mumbai attacks. There were differences of opinion over the way in which the encounter was handled, Home Minister Rajnath Singh >was kept out of key meetings at the time of attacks and to make things worse, there was confusion over the number if terrorists sneaked in to carry out the attack. The attack raised questions on the security-level at India’s military bases.

Masood Azhar

India’s efforts to add the name of Masood Azhar, the chief of JeM, in the UN list of proscribed terrorists >failed as China raised objections to it. This is a major setback to India as Azhar is believed to be behind the Pathankot attack.

India-Pak relations

Much to the hype of Pakistan Prime Minister Nawaz Sharif attending the swearing-in ceremony or the saree diplomacy, both governments >couldn’t re-start the dialogue process nor has the firing across the Line of Control came down. Mr. Modi’s surprise stop-over at Lahore too failed to cut the ice.

India-Nepal relations

Anti-India protests flared up in Nepal after trade movements through the border were not allowed for many days. Nepal called it >’India’s blockade’ as it followed protests by Madhesis. All of these happened within a year of the Himalayan quake, when Nepal thanked India’s help in rescue and rehabilitation. Also, India couldn’t keep away Nepal from moving closer to China.

Dissidence in Central Universities

Smriti Irani and the Union Ministry of Human Resource and Development was in news for all wrong reasons. The >suicide of a Dalit Research Scholar at Hyderabad Central University, sedition charges against students of Jawaharlal Nehru University, the FTII students’ strike, decision of >not to support off-campus centres of Aligarh Muslim University, closing down Ambedkar-Periyar Study circle in IIT-Madras, the list goes on. And some avoidable controversies such as >competition for schoolchildren on Christmas or >scrapping German being taught at CBSE schools.


Bringing back money stashed in off-shore accounts was one of BJP’s poll promises. The government gave a three-month window for compliance, but only 644 declarations were made. Finance Minister Arun Jaitley once >said the bulk of blackmoney is within India, but little has been done to contain the feeders of parallel economy – higher education, real estate and mining.

GST Bill/Land ordinance

The government is unable to pass the >GST Bill in Rajya Sabha for the past two years. Touted as the biggest tax reform in Independent India, the government is unable to bring consensus. Same is the fate of >land bill. Though the Centre took the ordinance route to clear the bill, it was re-promulgated twice and lapsed on August 31, 2015.

Uttarakhand fiasco

The pre-mature imposition of President’s Rule in Uttarakhand, and victory of Harish Rawat in the Supreme Court-monitored floor test, is not only an >embarrassment to the ruling government but also to the BJP, whose attempt to gain from dissidence in Uttarakhand Congress misfired.

Silence on fringe right-wing groups

Law and order could be a State subject. Murders of rationalists and attacks on minority community by fringe right-wing elements may not be limited to the BJP-ruled states. But the Centre as well as the Prime Minister’s refrains from condemning or making comments against such attacks didn’t go well with the public.

Women’s Bill

The >bill seeking one-third representation for women in Parliament and State Assemblies is an almost-forgotten topic now. Cleared in Rajya Sabha in 2010, the Bill is pending in the lower House, in which the BJP front enjoys comfortable majority.

Overall sentiment for government is strong and that’s also driven from the fact of weak opposition but Govt can certainly do better on the missing fronts

Source: Internet/ Hindu