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This article was first published 9 years ago  » Business » Big decisions of Modi govt in the last 6 months

Big decisions of Modi govt in the last 6 months

By BS Reporter
November 25, 2014 13:41 IST
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A look at the key decisions taken by the Narendra Modi government in its six months in office: 

Image: Supporters of Prime Minister Narendra Modi. Photograph: Amit Dave/Reuters

Trade talks: Strikes deal with the US on food stockpiling, reviving World Trade Organization trade talks 

Foreign direct investment: Allows FDI in railways, easing norms in defence and rail estate 

Gas price hike: Raises domestically produced natural gas price by 33 per cent to $5.6 per unit 

Diesel: Links domestic diesel prices to international rates 

Photograph: Reuters

Coal blocks: Brings ordinance to open coal sector for commercial mining and allocated blocks through transparent e-auction process, following Supreme Court judgment to de-allocate 214 blocks 

Solar power: Announces revision of solar power capacity addition to 100,000 Mw to be achieved by 2019 

Drug prices: Takes away National Pharmaceutical Pricing Authority power on pricing of 108 non-essential drugs 

Digital services: Approves Digital India programme to create massive digitisation for delivery of services online 

Photograph: Reuters

Green norms: Issues more than 50 guidelines to ease green norms 

Labour law: Launches transparent labour law inspection, universal account number for EPFO subscribers, passes Apprentices Act in Lok Sabha 

Indo-Pak talks: Cancels foreign secretary-level talks

Jan Dhan: Launches Pradhan Mantri Jan Dhan Yojana. Target to open 75 million bank accounts achieved 

Auto cuts: Excise duty cuts given to automobile industry extended till December 

Duty rise: Increases excise duty by Rs 1.50 a litre on petroleum and diesel 

Planning Commission: Scraps the commission, most EGoMs 

Drought relief: Announces drought relief measures in 500 districts before end of monsoon 

Fruit & vegetable prices: Prices brought out of APMC ambit 

Commodities: Essential Commodities Act strengthened to include onion and potatoes 

Acts: Decides to amend the Land Acquisition Act and the Mahatma Gandhi National Rural Employment Guarantee Act 

Companies law: Relaxes some stringent provisions of the Companies Act 

Judge hiring: Scraps collegium system for appointment of judges 

Industry boost: Launches Make in India to promote Indian industry 

Clean campaign: Swachh Bharat Abhiyan launched on October 2 

Construction: FDI policy relaxed in construction development sector 

Black money: SIT on black money. Govt refuses to disclose names but gives a list to the Supreme Court. Modi strongly pitches for repatriation of black money at G-20 summit 

LPG: Cabinet approves the Modified Direct Benefits Transfer Scheme in LPG. The subsidy per domestic subsidised cylinder shall be fixed

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