The India They Inherited (Part 1)

The India They Inherited

On 16th May,2014 We witnessed change of Guards at Centre with BJP taking over from Congress Led UPA Government. UPA ruled from 2004-2014. Most of us daily keep a track of Sensex Surging up and down , Value of Rupee going up and Down.

Lets take a look at some other areas ,what the new regime Inherited from Congress led UPA Government.

Agriculture : 

Agriculture sector saw a boom under Congress led UPA Govt at centre since 2004-2014. While Land Acquisition bill was gifted to farmers with the efforts of Congress VP Sh. Rahul Gandhi.The Minimum Support Price for Wheat has been more than doubled from Rs 630 per quintal in 2003-2004 to Rs 1,285 in 2011-12. The MSP for Paddy has been increased from Rs 560 in 2003-04 to Rs 1250 per quintals in 2011-12.

Education and Employment

In Education , There was a 10% increase in literacy rate during last 10 years of Congress regime, same time there was a massive expansion in higher education. 7 new IIM's and 8 new IIT's were opened up, which in turn saw a increase in % of students enrollment for higher education. Rajiv Gandhi Education city was developed in Sonipat District , Haryana.Due to skill development programmes rate of unemployment decreased by 1.6%. Overall employment growth also saw a massive surge in Public and private sectors.

Power Generation

In power generation there was more than 2 times capacity addition, same time emphasis was laid on Greener energy through Solar and Wind energy.Nuclear power generation too got started during Congress regime

Economy

While India became 3rd largest Economy in the world during Congress regime. Per capita income increased to its highest level increasing 3 times in last 10 years. Number of EPF accounts increased 4 times 16 crores. Number of Individual Banking Accounts increased by 76%

In the next part we will come up with some other sectors.